43% e-commerce growth in Saudi Arabia
More and more Saudi Arabian residents is now being engaged in online shopping. In a recent report at yahoo.com they have reported that Saudi Arabia have 43% ecommerce growth in Saudi Arabia. The increase is being attributed with the increasing use of online payment through the purchase of travel ticket, hotel, restaurant coupons, consumer retail products and more.
I have also noticed the increase of sites which cater discounted coupons and online shops. We have featured cobone.com and souq.com in this website before. I also feel comfortable using online payment whenever it is applicable.
I normally pay my electric bill through SADAD payment. There are lots of improvement done in Saudi Arabia specially when it come to computerization. I could say that it is much easier nowadays to transact with government agencies since most of their agency is now connected to the internet.
I believed that to avoid corruption and easy tracking of money, any transactions with the government that involves payment is being channeled to the bank. For information, almost all the banks have online payment facilities that can also be done through mobile phone.
Congratulation to the new achievement of Saudi Arabia with regards to E-commerce. I also hope to benefit from the increasing technology awareness of Saudi residents.