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85% of Saudi retail payments electronic
Reports have indicated that approximately 85% of retail payments in Saudi Arabia are made electronically, with a significant increase in the use of digital payments, which reached a sales value of around 13.8 billion riyals during a single week in September 2026. This shift is attributed to the rapid growth in the tourism and entertainment sectors, where visitors typically spend an average of about 10,405 riyals during their trips, covering accommodations, transportation, dining, and sightseeing experiences. This growth is expected to support Saudi Arabia's hosting of the 2034 World Cup, with an emphasis on enhancing secure digital experiences throughout all phases of travel, and the continued expansion of the digital payments market within the Kingdom.
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