In 2022, the average value of transactions conducted with SADAD through electronic monetary institutions (EMI) digital wallets in Saudi Arabia stood at 1,800 Saudi riyals. The average value of each transaction through SADAD was the highest in 2020 with 3,200 SAR.
Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022
(in Saudi riyals)
Characteristic
Value of transactions in Saudi riyals
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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). Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in Saudi riyals) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. "Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in Saudi riyals)." Chart. September 4, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. (2023). Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in Saudi riyals). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank. "Average Value of Sadad Transactions Though Electronic Monetary Institutions (Emi) Digital Wallets in Saudi Arabia from 2020 to 2022 (in Saudi Riyals)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/
Saudi Central Bank, Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in Saudi riyals) Statista, https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/ (last visited July 22, 2024)
Average value of SADAD transactions though electronic monetary institutions (EMI) digital wallets in Saudi Arabia from 2020 to 2022 (in Saudi riyals) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1425586/saudi-arabia-average-value-of-transactions-sadad-emi-digital-wallets/
