Total value of local transfers in Saudi Arabia with EMI digital wallets 2018-2022
In 2022, the total value of local transfers with electronic monetary institutions (EMI) digital wallets in Saudi Arabia stood at 15 billion Saudi riyals. After initially witnessing strong growth during the first four years between 2018 and 2021, the value of local transfers showed only little growth by 2022. The biggest increase was seen in 2021 when local transfers jumped by nine billion SAR over the previous year.