KUALA LUMPUR, 31st March 2023 – Mostly known for transforming refuelling experience at petrol stations today, Setel is on a mission to redefine mobility, including providing seamless payment experience across daily touchpoints of its users’ journeys. Integrating DuitNow QR with the Setel Pay feature in the app will broaden cashless payment acceptance for the users. Setel has gone live with DuitNow QR, joining a large ecosystem operated by Payments Network Malaysia Sdn. Bhd. (PayNet). The advantage of this integration also stretches to existing DuitNow merchants, as it provides them access to active Setel users.
Setel app can now be used to scan and pay at any merchant that displays the DuitNow QR code. Within the year, Setel users will be able to send and receive funds using DuitNow and generate their own DuitNow QR to facilitate fund transfers into their e-wallet.
Mazlin Erawati Ab Manan, Chief Executive Officer of Setel, emphasised the company's customer-centric approach, stating, "Our customers are at the centre of everything we do, and we have received constant requests to expand the convenience of using Setel app in their daily lives." She further added, "The integration with DuitNow QR is a clear demonstration of our commitment to better serve our core customer demographic today - the motorist - while also making Setel more inclusive and accessible to a wider customer base across their retail purchases and other needs."
Gary Yeoh, Chief Commercial Officer of PayNet, expressed his enthusiasm for the partnership, "At PayNet, we're committed to driving financial inclusion and innovation in Malaysia. With this partnership between Setel and DuitNow, we are providing greater convenience and accessibility to Malaysians."
From 30 March 2023 to 31 May 2023, Setel users will earn Mesra points for every payment using DuitNow that can be used to redeem fuel and other exciting rewards.
The feature is easily accessible through the ‘Pay’ tab on the app homepage. Just tap on scan QR code, and once the scanner appears, just scan the DuitNow QR code, enter the payment amount, and submit.
