Digital payments continue to reshape how consumers in Saudi Arabia choose to pay, with increasing numbers embracing faster, more secure digital experiences. According to Visa's third edition of the "Where Cash Hides" report, 67 of Saudi consumers are largely non-cash users, relying primarily on payment cards or mobile devices for most transactions. This represents a 4 increase compared to the previous year, underscoring a clear shift away from cash.
The appeal of cash is declining across everyday purchases, with nearly one in four consumers still using it for daily spending. Categories that have historically relied on cash are seeing notable reductions, including eating out -9 and bill payments -8. For routine transactions such as dining, bill settlements, and in-store groceries, cash and mobile payments are increasingly becoming the preferred methods.
Cash usage remains most common in peer-to-peer transactions. Tips are still paid in cash by 39 of consumers, followed by 28 of personal transfers to family and friends and 14 of property rent payments. These "cash-heavy" areas highlight the remaining opportunities for digital adoption.
