Saudi Gazette report
MAKKAH — E-commerce gross sales in Saudi Arabia through Mada playing cards reached their highest ranges ever, totaling greater than SR69.3 billion in the course of the first quarter of 2025.
This determine data an annual progress of 56 %, and a rise of roughly SR24.9 billion in comparison with the identical interval in 2024, throughout which gross sales reached SR44.4 billion, in accordance with the statistical bulletin issued by the Saudi Central Financial institution (SAMA) for Could 2025.
The report indicated that the variety of transactions executed through Mada playing cards exceeded 370 million transactions in the course of the first quarter, whereas gross sales achieved a quarterly progress of 26 %, a rise of roughly SR14.1 billion, in comparison with SR55.2 billion within the fourth quarter of 2024.
Measuring month-to-month efficiency, e-commerce gross sales through Mada throughout Could 2025 amounted to roughly SR27.4 billion, registering an 18 % progress in comparison with April of the identical yr, when gross sales reached SR23.3 billion, with the variety of transactions exceeding SR147 million.
The info confirmed a cumulative progress of 31.3 % in the course of the interval from January to Could 2025, a rise of roughly SR6.5 billion, in comparison with gross sales of SR20.9 billion in January.
It ought to be famous that these figures embody funds and purchases made utilizing Mada playing cards by means of e-commerce web sites, purposes, and digital wallets. They don’t embody transactions made utilizing different bank cards, as Mada is the nationwide fee community within the Kingdom and one of many fee programs owned by the Saudi Central Financial institution.