Tribune News Network
Doha
Qatar saw a big jump in point of sale (POS) transactions in March this year, according to Qatar Central Bank (QCB).
In a social media post on X platform, the QCB said the POS transactions amounted to QR8.13 billion in March this year as against QR7.72 billion in March 2023. The value stood at QR6.6 billion in March 2022.
Likewise, the volume of point of sale transactions stood at 32.43 million in March this year as compared to 29.5 million in March 2023 and 23.2 million in March 2022.
The number of point of sale devices in Qatar reached 70,567 in March this year as against 63,832 in March 2023 and 50,103 in March 2022.
According to the QCB, the total number of active bank debit cards in the country reached 2,246,677 in March this year. The total number of credit cards in Qatar stood at 686,347 and pre-paid cards 723,395 in March this year.
The total value of e-commerce transactions in Qatar amounted to QR3.66 billion in March this year, whereas it was QR2.55 billion in March 2023. The value of e-commerce transactions in Qatar in March 2022 amounted to QR3.09 billion.
Qatar registered a total of 6.44 million e-commerce transactions in March this year, QCB said.
In March 2023, the volume of e-commerce transactions in the country was 4.9 million.