Petronas introduces Setel e-wallet service – cashless payments and loyalty programme in one app

Petronas introduces Setel e-wallet service – cashless payments and loyalty programme in one app

It seems that fuel retailers are going big on cashless payments, as Petronas is also throwing its hat into the ring with its Setel e-wallet app, introduced at the Kuala Lumpur International Motor Show (KLIMS).

Available on the Apple App Store and Google Play Store, the service can currently be used at more than 40 stations across the Klang Valley, with the number set to rise to 600 by June 2019. The company expects a nationwide expansion to be complete by the end of next year.

Unlike Petron’s cashless service, which works using WeChat Pay, Setel is Petronas’ own system, designed to be integrated directly to the fuel pumps – said to be the first in Southeast Asia. The app enables customers to purchase fuel in just a few taps, directly in the comfort of their cars, and starting January next year it will also allow users to purchase items at Mesra stores. It also integrates the Kad Mesra loyalty programme.

Petronas introduces Setel e-wallet service – cashless payments and loyalty programme in one app

“Pumping fuel shouldn’t be a chore. Currently, the payment process involves walking to cashier, waiting in line, a RM200 hold on your cards, and having to use a separate card to earn loyalty points,” said Setel boss Iskandar Ezzahuddin. “Setel eradicates these pain points and integrates payment and loyalty benefits in a seamless, frictionless experience. At Setel, we settle for you!”

Petronas Dagangan managing director and CEO Datuk Sri Syed Zainal Syed Mohd Tahir said, “Petronas has been focusing on creating a new customer experience in our retail business by leveraging on the power of digital. Setel enables a seamless end-to-end experience that focuses on providing convenient and ease for fuel purchases at our customers’ fingertips. We are proud to be the first to offer this service in Malaysia.”

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Jonathan Lee

After trying to pursue a career in product design, Jonathan Lee decided to make the sideways jump into the world of car journalism instead. He therefore appreciates the aesthetic appeal of a car, but for him, the driving experience is still second to none.

 

Comments

  • And I thought you are not allowed to play your phone at the petrol station. This is so illogical….never think through

    Like or Dislike: Thumb up 19 Thumb down 4
    • Setel? on Nov 30, 2018 at 12:56 am

      Setel?

      Oh my bahasa melayu!

      Where is dewan bahasa dan malapetaka?

      Like or Dislike: Thumb up 16 Thumb down 7
    • have you ever used the app? i went to KLIMS2018 and they demonstrated the app. basically the app will prompt to ensure that when you purchase petrol through your phone that you are INSIDE your vehicle. Once the the pump has been released for filling you may exit your vehicle.

      Like or Dislike: Thumb up 1 Thumb down 0
      • Setel Belom ? on Nov 30, 2018 at 4:15 pm

        How would you know if the pump has been released for filling? You have to get out from the car to check right? And if it’s not released, what would you do? Go back inside car to purchase thru the phone again ? I think this looks stupid. Just stick to plain old cash or card payments la, reduce risk of fire in petrol stations la.

        Like or Dislike: Thumb up 2 Thumb down 5
        • Belom, ade lagi kene setel on Dec 02, 2018 at 12:47 pm

          I’ve experienced one time using setel. The app tells you once the pump has been released. Surely there is a concern of the public regarding fire safety and all. Fair enough. Genuine concern. The safety prompts are there. So to simply answer your question, how would i know if the pump is released? Well the app tells you. If it doesnt get released? Not sure havent experience that yet and prefer not too. If you havent tried, more questions and comments will follow. And yes once again agree with the concerns regarding fire safety. Not supporting the app in glory. Just saying it worked the first time for me. My 2 cents. Peace fellow Malaysians

          Like or Dislike: Thumb up 1 Thumb down 0
    • John termenung on Nov 30, 2018 at 11:24 am

      Inside the car is ok.

      Like or Dislike: Thumb up 0 Thumb down 1
    • Nenek Kau on Nov 30, 2018 at 2:23 pm

      Pemikiran kampung kolot je yg cakap tak boleh main mobile phone kt petrol station

      Like or Dislike: Thumb up 2 Thumb down 4
      • hondaman on Nov 30, 2018 at 6:48 pm

        Kalau macam tu, lebih baik buang jerr sticker amaran kat tepi pam tu.

        Like or Dislike: Thumb up 2 Thumb down 0
  • Kenzo on Nov 29, 2018 at 6:34 pm

    Thanks Petronas for encouraging me to use my phone at your stations.

    Like or Dislike: Thumb up 10 Thumb down 1
  • gasPhone on Nov 29, 2018 at 6:48 pm

    using mobil| phone at gas station suppose to be no-no. so with this setel thingy, phone is now legal? all sticker saying no phone at the pump will be removed?

    Like or Dislike: Thumb up 8 Thumb down 2
  • A car user on Nov 29, 2018 at 7:11 pm

    Is Petronas trying to encourage more people to start using handphones at petrol stations & cause more fires?

    Like or Dislike: Thumb up 7 Thumb down 0
    • The Mythbusters already debunked this. Mobile devices can not cause fire at a petrol station. Unless the device has defective battery that can cause explosion. If that is the case, the device is not safe for usage anywhere.

      Like or Dislike: Thumb up 1 Thumb down 0
    • qolop on Apr 18, 2019 at 2:51 pm

      lakukan transaksi dari dalam kereta je lah.. tak perlu bawa phone keluar. pam activate baru u keluar isi minyak. tak perlu bawa phone… Kampung!!

      Like or Dislike: Thumb up 1 Thumb down 0
  • seancorr (Member) on Nov 29, 2018 at 7:16 pm

    It will be a chore now as I will have 20 e-wallets for 20 types of goods and services to pay for and soon it will grow to 30 and so forth.

    Like or Dislike: Thumb up 21 Thumb down 0
  • Concerned on Nov 29, 2018 at 9:18 pm

    We are not allowed to use mobile phone at the pump. Has this law been repealed?

    Like or Dislike: Thumb up 4 Thumb down 2
    • Mat Pedas on Nov 30, 2018 at 12:15 am

      Hi concerned, there was never a law which prevents mobile use at the petrol station.. the car engine is a bigger source of ignition.. if really scared, stop your car outside petrol station, and push it int the station.. don’t drive.. :-)

      Like or Dislike: Thumb up 6 Thumb down 3
      • IGP mom on Nov 30, 2018 at 2:26 pm

        @Mat Pedas, you clearly don’t know what an electronic wave could do, don’t you? Source of ignition is not the car nor the phone … duh!

        Like or Dislike: Thumb up 2 Thumb down 2
  • Just don’t use phone while pumping. Be sensible. The whole no phone thing is actually urban legend. Plus in Malaysia, the humidity level is too high for even a low probability electrostatic discharge to happen. You can stop getting your panties in bunches.

    Like or Dislike: Thumb up 5 Thumb down 1
  • Cheapo stupid lame E-Wallet name on Nov 29, 2018 at 11:26 pm

    Petronas, mcm mana boleh setel bos ?

    Like or Dislike: Thumb up 5 Thumb down 0
  • I have been using the app very often without any issues and I think they have done a good job in making sure that all safety elements are taken care of. You only need the phone to enter the pump number and amount. After pump is ready, just step out to fuel. Never to use the phone outside the car!

    Like or Dislike: Thumb up 3 Thumb down 1
  • Jimmy on Nov 30, 2018 at 12:01 am

    Funny to see keyboard warriors here typing without thinking. App based payment has always been available in overseas.. maybe they are really thanking Petronas for helping to come out of their ignorance.. :-)

    Like or Dislike: Thumb up 2 Thumb down 0
  • azrai on Nov 30, 2018 at 8:11 am

    One of the way for B40 fuel subsidies method.

    Like or Dislike: Thumb up 2 Thumb down 0
  • Leonardo on Nov 30, 2018 at 8:15 am

    Good solution. Will try it.
    Just make sure you do the transaction while you are still IN the car and not at the pump!
    Notice to PETRONAS – please include safety reminders to users to avoid lawsuits and accidents!

    Like or Dislike: Thumb up 1 Thumb down 0
  • albag on Nov 30, 2018 at 8:34 am

    am i the only one who thinks our Transport Minister looks like Kim Jong Un?

    Like or Dislike: Thumb up 6 Thumb down 0
  • Semi-Value (Member) on Nov 30, 2018 at 9:02 am

    why should i, my credit card gives me 8% rebate…and the ease of not paying until the month end…this on the other hand…sucks my money before i can use it

    Like or Dislike: Thumb up 12 Thumb down 1
  • Ninja on Nov 30, 2018 at 11:07 am

    Why do we need e-wallet there , e wallet here? Too much e-wallet companies trying to suck our money first. The debit card is already a good method fo cashless payment. E wallet just make things complicated because can use at certain places.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Dah ke belum?

    Setel!

    Like or Dislike: Thumb up 1 Thumb down 0
  • Chingu on Nov 30, 2018 at 11:31 am

    Told people many times, phone will not cause fire to ignite at petrol station. Electrostatic does…. make sure you touch metal object. And stop coming in and out from car, electric charges might be generate on you from the car seat.

    Like or Dislike: Thumb up 3 Thumb down 0
    • The Mythbusters already debunked it. Mobile devices can not cause fire at petrol station because they emit a very low level of energy, not really powerful enough to ignite petrol fumes.

      Like or Dislike: Thumb up 0 Thumb down 0
  • Mr. NiceMY on Nov 30, 2018 at 2:29 pm

    hey can i use this apps. to fill RM6.00 of Primax 95 into my kapcai tank?

    Like or Dislike: Thumb up 1 Thumb down 0
  • Anthony on Dec 01, 2018 at 11:26 am

    this app is safe to use when you are inside your car…. the app will mention and remind users to use it inside your car with ” leave your mobile device in your vehicle while fueling”

    Like or Dislike: Thumb up 1 Thumb down 0
  • karen on Dec 01, 2018 at 2:22 pm

    i am currently using this app and found its so easy and convenient to use.

    Like or Dislike: Thumb up 4 Thumb down 0
  • Fahzan on Dec 03, 2018 at 9:01 am

    I m frequently using the apps. Very convenient. Love it! Everything SETEL inside the car. Not outside! Kudos PETRONAS!

    Like or Dislike: Thumb up 1 Thumb down 0
  • Michelin on Dec 05, 2018 at 6:10 pm

    Impressively, kiplepay are one of the entities powering Setel. Pandai Petronas main wayang with underdog e-wallet co.

    Like or Dislike: Thumb up 0 Thumb down 0
  • SAKAI on Apr 15, 2019 at 2:27 pm

    2019 aku dah guna so far very good APPS…mudah dari dlm kereta SETTLE bayar tak perlu ke kaunter.SETTLE payment baru angkat pump bukan pegang HP menghadap pump mcm bodoh kah3.

    Like or Dislike: Thumb up 0 Thumb down 1
 

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