Saudi Arabia

SA · SAU · 682Asia-PacificSAR ر.س24 methods

Revised · 2 sources

In Saudi Arabia, online shoppers use something other than a card — cash or digital payment methods — in almost 60% of transactions.

$9 bn
e-commerce spend
34.8M
online population
8%
of total retail
74%
cross-border spend
80%
banked adults
21%
credit card population

Payment mix

share of e-commerce spend
  • Card42%
  • E-Wallet22%
  • Bank Transfer16%
  • Cash10%
  • Other10%

Methods in use

top 8 of 24 · by spend

Checkout behaviour

Saudis spend almost $7 billion a year buying goods from e-commerce merchants in other countries, representing 74% of total e-commerce.

In 2023, the Saudi e-commerce market was worth $10 billion and is projected to reach $17 billion by 2027.

$6.7B
cross-border value
8%
e-commerce of retail
Facts
ISO 3166
SA · SAU · 682
Region
Asia-Pacific
Population
35.5M
Currency
SAR ر.س
Banked adults
80%
Methods live
24
Banks covered
4
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