Is Setel Owned by Petronas

You may have seen Setel ads everywhere and mostly at Petronas petrol station. But the question that may spark in your head perhaps; is Setel owned by Petronas?

Is Setel owned by Petronas?

Setel is an e-payment platform and mobile application that allows users to pay for fuel at Petronas stations in Malaysia.

While it is not directly owned by Petronas, Setel was developed by a subsidiary of Petronas called Petronas Dagangan Berhad (PDB).

So, indirectly, Setel is associated with and backed by Petronas.

Who are Setel competitors?

Setel’s competitors include:

1. GrabPay: A mobile payment platform that allows users to pay for goods and services through the Grab app.
2. Touch ‘n Go eWallet: A Malaysian digital wallet that enables users to make payments, transfer funds, and perform other financial transactions through their smartphones.
3. Boost: A mobile wallet app that allows users to pay for various goods and services, top-up mobile credit, and earn cashback and rewards.
4. Razer Pay: A digital wallet platform that enables users to make payments, transfer funds, and perform other financial transactions through their smartphones.
5. FavePay: A mobile payment platform that offers cashless payment solutions and rewards to users, enabling them to pay for goods and services through the Fave app.
6. BigPay: A digital banking platform that offers users a prepaid Mastercard and mobile wallet for making payments, transferring funds, and managing their finances.
7. Maybank QRPay: A QR code-based payment platform that allows users to make payments by scanning a QR code at participating merchants.

These competitors offer similar digital payment and wallet services as Setel, targeting consumers and businesses in the same market.

How to use Setel for petrol?

Here are the steps to use Setel for petrol:

1. Download the Setel app: First, download the Setel app from the Google Play Store (for Android users) or the App Store (for iOS users).
2. Create an account: Once you have downloaded the app, create an account by entering your email address, phone number, and password.
3. Verify your account: You will receive a verification code via SMS to the phone number you provided. Enter this code in the app to verify your account.
4. Add a payment method: To make payments, you must link a valid credit or debit card to your Setel account. To do this, tap on the “Wallet” tab in the app, then tap on “Add Payment Method.” Enter your card details and save it in the app.
5. Top up your Setel wallet: You can choose to top up your Setel wallet using your linked card. Tap on the “Top Up” button in the Wallet tab and enter the desired amount. Confirm the transaction, and the amount will be added to your Setel wallet.
6. Locate a participating petrol station: Use the app’s built-in map to find a petrol station that accepts Setel payments.
7. Refuel using Setel: When you arrive at the petrol station, park your car near the pump and open the Setel app. Tap on the “Pay” button at the bottom of the screen.
8. Select the pump number: Choose the pump number from the app that corresponds to the pump you’re parked next to.
9. Choose your fuel type and amount: Select the type of fuel you want to purchase and enter the amount you want to spend on petrol. You can also choose to fill up your tank completely by selecting the “Full Tank” option.
10. Confirm your payment: Review the details of your transaction, and then tap on “Confirm” to initiate the payment process. The app will prompt you when it’s safe to start refueling your vehicle.
11. Refuel your vehicle: After receiving the prompt, remove the fuel nozzle and start refueling your vehicle. Once you’re done, return the nozzle to its holder.
12. Check your receipt: After completing the transaction, the app will display a digital receipt detailing your purchase. You can also view your transaction history in the “History” tab of the app.

Remember to follow all safety guidelines provided by the petrol station and the Setel app when refueling your vehicle.

Get more how-tos on how to use Setel.

What is Setel app?

Setel is a mobile application developed in Malaysia that allows users to make seamless and secure cashless payments at petrol stations.

The app enables users to locate nearby petrol stations, link their credit or debit cards, and pay for petrol directly from their smartphones without having to leave their vehicles.

Additionally, Setel offers features such as loyalty rewards, e-wallet top-ups, and in-app purchase options for convenience stores at petrol stations.

Is Setel only for PETRONAS?

Yes, Setel is primarily designed for Petronas stations.

It is a mobile application developed by Petronas that allows users to pay for fuel, earn rewards, and locate nearby Petronas stations in Malaysia.

What is the benefit of Setel apps?

Setel is a mobile app that primarily focuses on providing a seamless and convenient experience for users at petrol stations in Malaysia. The benefits of Setel apps include:

1. Contactless payment: Setel allows users to make payments for fuel purchases directly through the app, reducing the need for physical contact, which is especially crucial during the COVID-19 pandemic.
2. Faster refueling process: The app enables users to pay for fuel from the comfort of their vehicle, reducing the time spent at petrol stations and making the refueling process more efficient.
3. Rewards and loyalty programs: Users can earn Mesra points for every transaction made through the app, which can be redeemed for various rewards and discounts.
4. Automated expense tracking: Setel provides users with an overview of their fuel expenses, helping them manage their budgets more effectively.
5. e-Receipts: Users receive electronic receipts for every transaction, making it easier to track and manage expenses.
6. Fuel price updates: The app provides real-time updates on fuel prices, helping users stay informed and make better decisions on when to refuel.
7. Personalized promotions: Setel offers personalized promotions and deals based on users’ preferences and fuel consumption habits.
8. Payment security: Setel uses secure payment methods and complies with data protection regulations to ensure users’ financial information is protected.

The Setel app enhances the fueling experience for its users by offering convenience, speed, and efficiency, as well as additional features such as rewards programs and expense tracking.