SR7 Trillion Signals Saudi Arabia’s Digital Payment Momentum
Saudi Arabia’s rapid shift toward faster, seamless financial transactions is gaining new momentum, with the Saudi Central Bank (SAMA) revealing that the value of transfers processed through its instant payment system surged 26.1 percent year‑on‑year to SR7 trillion in June 2026, up from SR5.5 trillion in the same month of 2025.
This increase was driven by rising transactions across the system’s three main categories. Customer payments reached SR1.6 trillion in June 2026, compared with SR1.4 trillion in the same month of 2025.
Interbank payments, meanwhile, amounted to SR5 trillion, up from SR3.8 trillion, and other transfers increased to SR198.6 billion from SR186 billion.
By taking a closer look at the monthly figures, one can discover the breadth of this acceleration.
Customer payments grew from SR1.2 trillion in May 2026 to SR1.6 trillion in June, while interbank payments jumped from SR3.3 trillion to SR5.1 trillion.
Other transfers experienced one of the sharpest increases, mounting from SR102.6 billion to SR198.6 billion during the same period.
Enhancing the appeal of instant payments, SAMA’s system allows individuals and companies to execute low-value interbank transfers of up to SR20,000 instantly, bringing greater efficiency to everyday financial transactions.
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