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Saudis pay 358 billion riyals in early 2026
The digital payments system in Saudi Arabia experienced a noticeable rise during the first four months of 2026, with the total amount of billed payments made through digital channels reaching 358.1 billion riyals, reflecting a 6.5% increase compared to the same period last year. April recorded the highest payment volume, exceeding 112.7 billion riyals, with an annual growth of 8.78%. Additionally, the number of paid invoices rose to 153.5 million, an increase of 8.89%. The "SADAD" system continues to lead as the dominant payment channel, accounting for 319.78 billion riyals, while other channels saw a 15% increase in their transaction value.
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