Saudi Arabia

mkt_sa
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mada gives Saudi merchants domestic debit-card acceptance, while SADAD handles bill payments and instant transfers connect bank accounts. Wallets and international cards add routes in a riyal economy with approximately 37 million residents and GDP per capita near US$34,500 in 2025.

Alpha-3:SAU
NUM:682
Population
37M
GDP
$1.3T
GDP per Capita
$35K
GDP Growth
4.5%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Saudi Arabia

Cash is losing ground quickly: electronic methods handled 85% of Saudi retail payments in 2025, up from 79% in 2024. mada debit cards and growing acceptance of digital payment methods are central to this shift in everyday spending.

ATMs (PER 100K)
52.0
BANKS (PER 100K)
6.9
DEBIT CARDS (PER ADULT)
2.3
CREDIT CARDS (PER ADULT)
0.2
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards