E-Payments Account for 85% of Total Retail Payments in 2025
SAMA announced that electronic payments accounted for 85% of total retail payments in Saudi Arabia in 2025, up from 79% in 2024. Electronic transactions reached 14.6 billion, compared to 12.6 billion in 2024, reflecting significant growth in national payment systems including mada POS and e-commerce payments.
Routine
Notice
Payments
SAMA Holds First Digital Transformation Committee Meeting with Banking Sector Financial Institutions
SAMA's Digital Transformation Committee held its first quarterly meeting in Riyadh with representatives of licensed financial institutions in the banking sector. The meeting discussed data-sharing frameworks, technical integration, and joint digital channels. Deputy Governor Abdullah I. Alsaleh chaired the meeting, which supports Saudi Vision 2030 objectives for digital transformation in the financial sector.
Routine
Notice
Financial Services