In 2022, the total value of transactions conducted with SADAD through electronic monetary institutions (EMI) digital wallets in Saudi Arabia stood at 2.7 billion Saudi riyals. In the period between 2020 and 2022, the value of transactions with SADAD rose drastically each year.
Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022
(in million Saudi riyals)
According to the Annual Fintech Report 2022, "SADAD is a national billing system that is owned by SAMA, and enabled by Saudi Payments.", SADAD has partnerships with local banks and other non-banking financial institutions.
1 SAR (Saudi riyals) equals approximately 0.27 U.S, dollars and 0.25 euros (as of November 2023).
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Saudi Central Bank. (September 4, 2023). Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in million Saudi riyals) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. "Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in million Saudi riyals)." Chart. September 4, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. (2023). Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in million Saudi riyals). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. "Total Value of Sadad Transactions Though Electronic Monetary Institutions (Emi) Digital Wallets in Saudi Arabia from 2020 to 2022 (in Million Saudi Riyals)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank, Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in million Saudi riyals) Statista, https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/ (last visited November 21, 2024)
Total value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in million Saudi riyals) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1425576/saudi-arabia-total-value-of-transactions-sadad-emi-digital-wallets/
