Updated: 17/04/2023
E-commerce in Saudi Arabia
With an internet penetration rate of more than 99% that is 36 million people, E-commerce in Saudi Arabia is on rise amongst all the other gulf countries.
The overall eCommerce revenue in Saudi Arabia reached more than $11.95 Billion with a growth rate of 18% by the year 2023, which is projected to reach $20 billion by 2025.
Souq | Haraj | Opensooq and Amazon are the biggest e-commerce players in the Saudi Arabian market.
Digital Payments in Saudi Arabia
Due to the eCommerce development, the rise of digital payments in Saudi Arabia pulled up like never before.
People in Saudi Arabia are making well use of online payments whether it is through cards, e-wallets, or other modes of digital payments.
People are loving the digitalization shopping experience in which they have the freedom to choose from a number of versatile products.
For a long time, people in every part of the world need the comfort of buying anything from anywhere, and today everyone enjoying the same reality.
E-payment in Saudi Arabia
Every person who buys online thinks of his/her ease of payment options or wants to be charge in his home currency in order to save the conversion fees.
So for freelancers, businesses, or entrepreneurs, we have prepared a list of best E-commerce payment gateways in Saudi Arabia that can be used to run E-commerce business successfully anywhere in the world.
Best Payment Gateways in Kingdom of Saudi Arabia(Middle East)
- Paytabs
- Payfort
- 2checkout
- Tap
- Weaccept
- Moyasar
- Banyanpay
- Hyperpay
- Paypal
- Cashu
- Checkout
- Myfatoorah
- AL Rajhi
- Telr
- Paymentwall
- Sabb
- CCavenue
- Matercard
- Mada
- Saudi Payments
- Vapulus
- Alinma
- Amazon payment services
From our research and experience, we have found these are the best E-commerce payment gateways in Saudi Arabia.
Note: And remember before proceeding with any of them do checkout the MDR | Payout timings | Payment methods.
Useful resources
Online selling platform & marketplaces in Saudi Arabia
USA Business can help you to get the best payment gateway solution in Saudi Arabia. Give us a chance to hear your needs and let us contribute our part to lift up your business.