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Source:
الوطن
Repayment payments rise by 26.4B riyals
The article discusses the decline in payments executed through the "SADAD" system during the second quarter of 2026, totaling 286.88 billion riyals, an increase of 26.39 billion riyals (10.13%) compared to the same period of the previous year. The main sectors contributing to this increase were "Finance, Insurance, and Business Services" and "Government Services," which together accounted for approximately 85.5% of the total increase. Payments remained concentrated in a limited number of sectors, which together captured 96.6% of the total payments. Conversely, the Education, Transportation, Technology, Media, and Entertainment sectors experienced a decline in payment values, decreasing by rates ranging from 6.34% to 26.55%. The data clearly indicate a trend of payments shifting toward certain sectors while some others see a decline, underscoring the continued importance of both government and private services in driving digital payments across the kingdom.
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