10th December 2021 - 3 min read
Petronas-owned petrol e-wallet Setel has introduced a new feature that lets you share your e-wallet with friends and family for the purpose of refuelling their vehicles. Dubbed Setel Share, you are allowed to invite up to two persons in a Setel Share group to use your e-wallet balance when purchasing petrol at Petronas stations.
According to Setel, this new feature seeks to provide users with a seamless, safe, and convenient way to “pay, track, and budget fuel for people you love”, given that many people do pay for the fuel of family and friends. In fact, a previous survey by Setel indicated that 71% of users already do so for their loved ones – hence the rollout of this feature.
Aside from that, the Setel Share feature also lets Setel Share group members earn and combine their Mesra points in a single account via a virtual card. This means you won’t need to go through the hassle of passing around a physical Petronas Mesra card anymore.
If you’d like to give this new feature a try, you can activate Setel Share by first upgrading your Setel account and performing a standard electronic Know Your Customer (eKYC) procedure. When you’re done, go ahead and invite at least one family member or friend from your contact list (who must also be a Setel user) to join your Setel Share group. Once they accept your invitation, you’re ready to go!
A few things to take note of, though, one of which is that Setel Share uses a shared e-wallet – referred to as the Setel Share wallet – which is separate from the owner’s personal Setel Wallet. As such, group owners must ensure that the balance of the Setel Share wallet is sufficient at all times so that their group members can refuel seamlessly. Also, Setel Share cannot be used to pay for items bought at Kedai Mesra; it is currently enabled solely for fuel purchases.
Aside from that, note that only Setel Share group owners are allowed to add or remove members in a group, and each Setel user can only join one Setel Share group at a time. Setel Share group owners are also not allowed to join other Setel Share groups as members.
Setel further reassures users that the Setel Share feature is protected by stringent safety measures, as every transaction carried out will require PIN or biometric verification before payments can be processed. On top of that, all of its business operations are also regulated by relevant e-money regulators and guidelines.
You can download the latest version of the Setel app for free on Google Play, the App Store, and the Huawei AppGallery to test out the new Setel Share feature at more than 700 Petronas stations nationwide. Additionally, there is an ongoing Refer-A-Friend campaign that you can tap into, letting you earn RM5 Setel credit when you invite friends or family members to sign up for Setel.
(Sources: Setel, Lowyat.NET)
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