“The total number of the PoS operations in 2020 amounted to about 2.8 billion, an increase of 75 percent compared with the same period in the previous year.”
-Talat Zaki Hafiz, economist and secretary-general of the media and banking awareness committee for Saudi banks. He added that the value of operations amounted to about $93.7 billion, an increase of nearly 24.1 percent compared with the same period in 2019. [Arab News]
