Good News From Setel E Wallet Payment

July 29, 2021

Boost E-Wallet Integrates With Petronas Setel to Drive Interoperability by Fintech News Malaysia October 2 2020 Setel Petronas e-payment solution that enables fuel purchases directly from mobile devices announced that it will be fully integrated into the Boost app. Please take note that this only applies to 200000 newly registered Setel users who make the first transaction by using the Boost app.

Setel Is Now On The Boost App Users Can Earn Both Mesra Points Boost Coins

Wholly-owned by Petronas it can already be used at 274 of its stations.

Good news from setel e wallet payment. E-wallet space likely to see consolidation this year. There has been little news on when this will be rolled out but it shouldnt take too long for all involved parties to sort out. Added to wishlist Removed from wishlist 0.

Setel removes the need for queues at the payment counter or even swiping your card at the pump and you can even link your Mesra card. From now until 31 December 2020 both of the apps are giving 10 cashback capped at RM5 with the minimum spending of RM30. Setel is the first e-wallet app integrated with PETRONAS fuel pumps in Southeast Asia allowing customers to pay for their fuel using their mobile phones without leaving their cars.

E-wallets have become an increasingly popular form of payment at eateries and convenience stores but now Petronas has unveiled Setel a new e-wallet that lets you pay for fuel at Petronas petrol stations. But its white labeled e-wallet is set to get more interesting. And the good news is you can request to receive the refund for your Touch.

Your Setel Wallet limit has been increased to RM500 covered under Setel Ventures Sdn Bhds own e-money license. Setel Malaysias First Pay Pump Go App for receiving The BrandLaureate e-Branding Awards 2020 in the category of Innovation e-Payment App. This is according to a social media posting by Adrian Oh who runs a blog called ecinsider which focuses on news about online merchants and retailers and written by entrepreneurs.

KUALA LUMPUR July 1 First introduced at the end of last year Setel is an e-wallet that allows you to pay for your petrol transactions at participating Petronas stations. Setel announced today that as of 29 April 2020 it has received approval for its own e-wallet license operating under Setel Ventures Sdn Bhd from Bank Negara Malaysia BNM. So to continue serving the growing online community better iPay88 has partnered with Shopee and ShopeePay will be part of iPay88 from now onwards.

Photo by Kenny Yap. Setel e-wallet app which is used for fuel at Petronas petrol stations without the need to go to the counter to make the payment. In May Boost was made a payment option at over 800 Shell station nationwide.

This article first appeared in The Edge Financial Daily on January 20 2020. Just update the app to enjoy your bigger Setel Wallet. It can also be used to purchase food drinks from MyMesra Mini Mart in the Petronas stations.

However Setel doesnt function just as a method of payment. Petronas has announced that its Setel e-payment solution can now be used to do more than paying for fuel purchases with the addition of a Deliver2Me feature as well as in-store cashless payment. Setel Experience the new referral programme.

Kiple Pay is said be powering one of the largest e-wallet efforts in the country called Setel. Last November Setel entered the app store as Malaysias 1st petrol e-payment solution. This e-wallet also ties my Mesra reward card for points which I can then turn into a cash balance with a touch of a button.

Effective 2 June 2020 its e-wallet will operate from its own e-money license. As of 2020 iPay88 M Sdn Bhd recorded an impressive 41 million e-wallet transactionsCompared with 2019 the growth is six times more than before and this due to the pandemic period. Setel Malaysias first e-payment solution that enables fuel purchases directly from mobile devices is delivering on its promise to disrupt the retail-on-the-go scene in Malaysia through Deliver2Me and in-store cashless payment with the Setel Wallet.

Malaysias population is only 30 million so if you ask me two are probably the maximum. Among the newness that 2020 has brought into our everyday lives the rise in the development and use of mobile wallets and payment apps has been one of the m. The cashback will automatically be credited into the Setel Wallet within 7 working days.

Following this Setel has upgraded the app e-wallet limit from MYR200 to MYR500. Select E-Wallet as Refund Payment Method Select Refund Request. Its an app that allows you to select your petrol the amount of fuel you need and pay for it all from.

That said BNM has issued a directive to create a unified QR code system for the various e-wallets. In China where the population is at 14 billion there are only two e-wallets. E-wallets are nothing new to Malaysians considering we have a boatload of them on the app store.

WeSetelForYou BiggerWallet If youre heading out remember to stay safer minimise contact at the station when you refuel with Setel. For example gaming peripheral manufacturer Razer and gamer-focused Razer Pay e-wallet.

You Can Now Top Up Your Setel Wallet With Boost E Wallet Mypromo My