NEW REPORT Saudi residents prefer digital apps to remit money home

Digital money transfers are on the rise across Saudi Arabia, and for good reason.

- BY JUSTIN VARGHESE Your Money Editor

If you’re among the millions of people in Saudi Arabia who send money to loved ones abroad, chances are you’ve made the switch to apps — and you're not alone. According to a new report by Visa, a majority of people in the Kingdom now prefer digital platforms over physical remittance centres.

The shift is being driven by a combination of speed, convenience, and peace of mind. Visa’s Money Travels: 2025 Digital Remittances Adoption Reportshows that 59 per cent of remittance senders in Saudi Arabia now use digital apps, marking a significant change in how money moves across borders.

According to the study:

■47 per cent say digital apps are safer, faster, and more private.

■43 per cent highlight ease of use as a key factor.