Setel Introduces First e-Wallet Sharing Solution in Malaysia with Setel Share

Kuala Lumpur 7th December 2021 – Setel, the first e-payment solution for fuel purchases directly from mobile devices, is innovating to make motorists’ journey more seamless with Setel Share, the first e-wallet sharing feature in Malaysia that allows motorists to pay for their loved ones’ fuel securely through Setel app at PETRONAS stations nationwide.

Setel users can create a Setel Share group and invite up to two other members to pay from the same e-wallet balance. Owners of Setel Share group have full control to safely track & monitor any refuelling expenses by the members via the shared e-wallet. This new feature allows earning of Mesra points in one account without having the hassle of passing a physical card around that can be used to unlock more rewards.

Mazlin Erawati Ab Manan, Chief Executive Officer of Setel said, “We ran a survey with thousands of Setel users and 71% of them are already paying for fuel for their family members and friends today. With Setel Share, we want to help our customers extend a safer refuelling experience with minimised contact to their loved ones, without them having to top up on their own. Together, we can work towards supporting our nation's recovery efforts to move into the endemic phase.”

Fully regulated and compliant to Bank Negara Malaysia’s (BNM) e-money guidelines, Setel Share has safeguards in place to ensure the security of every transaction. The Setel Share owner can set or remove the group members at any time and get real-time notifications for any transaction made via the Setel Share wallet.

Users can now invite family and friends who are not yet on Setel to enjoy Setel Share features and earn additional rewards via the latest Setel Refer-a-Friend Challenge. From now until 31 December 2021, Setel welcomes users to unlock special badges to earn even more rewards and bonus credit of up to RM50,000 upon successful referrals.

Setel Share is now fully available to all Setel users with version 1.84 and above of the Setel app. Download the latest version of the Setel app for free on iOS and Android via the Apple Store, Google Play Store and Huawei AppGallery to enjoy Setel Share. For more information on Setel, please visit https://www.setel.com/.

First-of-its-kind e-wallet sharing feature, allowing motorists in Malaysia to securely share, refuel and earn points seamlessly.