E-commerce transactions reach QR3.47bn in June: Qatar Central Bank
The Peninsula
Doha, Qatar: The e commerce and point of sale (POS) transactions in Qatar witnessed impressive growth in June, Qatar Central Bank (QCB) revealed yeste...
Doha, Qatar: The e-commerce and point of sale (POS) transactions in Qatar witnessed impressive growth in June, Qatar Central Bank (QCB) revealed yesterday.
Through its social media handle, QCB stated that the volume of e-commerce transactions reached 7.26 million in June 2024 with a value of QR3.47bn showing a year-on-year surge in the value of e-commerce transactions by 40 percent and 16 percent in June 2023 and 2022 respectively.
The volume of e-commerce transactions in Qatar reached 5.09 million and 4.37 million in June 2023 and 2022 respectively. The Point of Sale (POS) transactions in Qatar also witnessed a surge in June this year.
POS transactions were valued at QR7.78bn in June 2024 compared to QR7.54bn in June 2023 and QR6.59bn in June 2022 showing a surge of 3.18 percent and 18.05 percent respectively, Qatar Central Bank (QCB) data revealed, yesterday.
The volume of point-of-sale transactions stood at 34.83 million in June this year, while it was 31.06 million in June last year and 23.82 million in June 2022, an increase of 12.13 percent and 46.22 percent respectively.