Debit Cards in Saudi Arabia

Abstract
The Saudi Central Bank (SAMA) had projected the rate of inflation in the Kingdom to accelerate slightly in the first quarter of 2022, on a year-on-year basis, justified by an ongoing improvement in domestic demand and a rise in the level of inflation globally. Compared to the fourth quarter of 2021, the level of inflation in the first quarter was expected to remain stable. However, Saudi Arabia’s annual consumer inflation rate surged to 2.3% in June, from 2.2% in May, according to the General Au...

Euromonitor International's Debit Card Transactions in Saudi Arabia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Debit Card Transactions, Personal Debit Card Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Debit Card Transactions market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop

Content
Debit Cards in Saudi Arabia
January 2023

List Of Contents And Tables

DEBIT CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Progression towards a cashless society, with debit cards the most popular
The mada card continues to provide strong support for the growth of debit cards
Higher levels of women and youth in employment lead to more widespread issuance of debit cards
PROSPECTS AND OPPORTUNITIES
Increase in consumer base expected to fuel growth of debit cards
mada partnerships will support growth in debit cards over the forecast period
Digitisation to open up new horizon of prospects
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2017-2022
Table 2 Debit Cards Transactions 2017-2022
Table 3 Debit Cards in Circulation: % Growth 2017-2022
Table 4 Debit Cards Transactions: % Growth 2017-2022
Table 5 Debit Cards: Number of Cards by Issuer 2017-2021
Table 6 Debit Cards: Number of Cards by Operator 2017-2021
Table 7 Debit Cards Payment Transaction Value by Issuer 2017-2021
Table 8 Debit Cards Payment Transaction Value by Operator 2017-2021
Table 9 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
Table 10 Forecast Debit Cards Transactions 2022-2027
Table 11 Forecast Debit Cards in Circulation: % Growth 2022-2027
Table 12 Forecast Debit Cards Transactions: % Growth 2022-2027
FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
Financial cards and payments in 2022: The big picture
2022 key trends
Increased card transactions over cash
Buy Now Pay Later continues to gain traction
Competitive landscape
The mada card continues to lead in payment technology
Saudi banks embrace digital future with more closures of brick-and-mortar branches
Approval for third digital bank in Saudi Arabia
Fintech firms facilitate cashless payments
What next for financial cards and payments?
MARKET INDICATORS
Table 13 Number of POS Terminals: Units 2017-2022
Table 14 Number of ATMs: Units 2017-2022
Table 15 Value Lost to Fraud 2017-2022
Table 16 Card Expenditure by Location 2022
Table 17 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 18 Domestic versus Foreign Spend 2022
MARKET DATA
Table 19 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 20 Financial Cards by Category: Number of Accounts 2017-2022
Table 21 Financial Cards Transactions by Category: Value 2017-2022
Table 22 Financial Cards by Category: Number of Transactions 2017-2022
Table 23 Commerical Payments by Category: Value 2017-2022
Table 24 Commercial Payments by Category: Number of Transactions 2017-2022
Table 25 Personal Payments by Category: Value 2017-2022
Table 26 Personal Payments by Category: Number of Transactions 2017-2022
Table 27 M-Commerce by Category: Value 2017-2022
Table 28 M-Commerce by Category: % Value Growth 2017-2022
Table 29 Financial Cards: Number of Cards by Issuer 2017-2021
Table 30 Financial Cards: Number of Cards by Operator 2017-2021
Table 31 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 32 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 33 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 34 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 35 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 36 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 37 Forecast Commercial Payments by Category: Value 2022-2027
Table 38 Forecast Commercial Payments by Category: Number of Transactions 2022-2027
Table 39 Forecast Personal Payments by Category: Value 2022-2027
Table 40 Forecast Personal Payments by Category: Number of Transactions 2022-2027
Table 41 Forecast M-Commerce by Category: Value 2022-2027
Table 42 Forecast M-Commerce by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources