Why should you pay for petrol using an e-wallet?
It is evident that most petrol stations have resolved to digital payment options from selected e-wallets to bring customers a fast, easy and convenient fueling process.
The digital upgrades that come with e-wallets eliminate long queues, rush hour madness, unfair charges, misplaced funds, potential theft and the tedious task of tracking fuel expenses.
E-wallets are not only beneficial to consumers, it serves as a massive leverage for stakeholders in the fuel industry too. Delivering a pristine customer experience in the fuel industry is no easy task. Fuel retailers are constantly faced with the need to cut operational costs but meet the high demands for longer operating hours from the public.
An e-wallet is a great solution as it allows gas stations to keep running without any staff needed for the payment process. The cashless transaction model for the petrol industry does look hopeful; it offers a seamless customer experience as the user can fuel his/her car without even leaving the car.
Every e-wallet penetrates different market groups and needs. To find out which e-wallet compliments you best, keep on reading.
1- Boost x Setel
Boost and Setel have joined forces to provide an absolute steal; the merge of these two e-wallets resulted in easier, faster and more secured fuel transactions. The Setel app is a trusted fuel payment provider by PETRONAS; Setel app users are able to claim rewards by earning points after each fuel transaction. These points are known as Mesra points, it can be used to redeem future petrol purchases. This partnership enables Boost users to earn both Boost coins and Mesa points for every purchase made at PETRONAS stations within Malaysia.
If that’s not good enough, this reward-driven collaboration is giving 10% cashback for any purchases that are RM30 and above now until the end of the year (31/12/2020). The generous cashback will be allocated into Boost accounts within 7 working days and it must be utilised within 14 days of receiving it at any participating PETRONAS station with a minimum buy of RM20.
To get your hands on this deal, all you have to do is follow these 3 simple steps:
Sign-up for an account at Setel via Setel Boost application platform
Spend a minimum of RM30 in a single transaction on their first purchase of fuel only at any participating PETRONAS Station
Make the payment using the Boost payment gateway
2- GrabPay
Every fuel transaction secured with Grabpay comes with GrabRewards, a loyalty scheme that awards GrabPay users with discounts, vouchers, promotions and potential prizes. Grabpay comes with a tier system known as GrabRewards Tier Status , it determines one’s access to Grab’s rewards. All GrabRewards in 2020 have been extended to the end of the year (31/12/2020). These rewards are applicable to: food & beverages, shopping, entertainment and service purchases on Grab via GrabPay.This reward structure was made in support of the government’s initiative of advancing the use of cashless transactions in Malaysia.
Prominent participating fuel stations are: Caltex, Shell & Petron.
To secure fuel transactions with Grabpay, all you have to do is follow these 4 simple steps:
Tap on the “Pay” icon
Scan the fuel retail’s QR code.
Key in the amount needed for transaction
Swipe to secure payment
3- Touch n’ Go (TnG) e-wallet
TnG e-wallet is best known to be a handy tool for all things road-related. The e-wallet enables quick and smooth refuels with a favourable transaction system that is paired with an informative transaction history to help users track their fuel expenses.
Prominent participating fuel stations are: Caltex, Shell & BHP.
To secure fuel transactions with TnG e-wallet, all you have to do is follow these 4 simple steps:
Tap the “Pay” icon
Scan the fuel retail’s QR code
Key in the amount needed for transaction
Key in 6-digit PIN to secure payment
TnG e-wallet also utilizes the recent advancement of radio frequency identification (RFID) tag. There are currently 55 million transactions registered under the RFID system in the past 18 months and it is predicted to keep growing until the end of 2020. The goal is to allow TnG e-wallet holders the opportunity to become a part of a global RFID community that paves the way for enhanced traffic management and mobility services. TnG e-wallet RFID Self Fitment kits are available for RM35 at selected Shell stations. This innovation aims to redefine fuel retails. It is also applicable to tolls and parkings.
To experience a swift drive on the road with TnG e-wallet, all you have to do is follow these 4 simple steps:
Get registered
Insert the tag number with your vehicle’s details
Link your tag with your TnG e-wallet
Receive a notification within 24 hours to activate your RFID Tag under your TnG e-wallet
4. Scan & Pay by Maybank
Scan & Pay, formerly known as Maybank QRPay introduces a safe and quick way to pump petrol! From now until the end of the year (31/12/2020), receive RM10 for each cashback with a minimum spend of RM10. You can also present your Petrol Miles card when you pay for fuel to earn more points!
Prominent participating fuel stations are: BHP, Shell & Petron.
To secure fuel transactions with Scan & Pay by Maybank, all you have to do is follow these 4 simple steps:
Tap on “Pay” icon
Key in the amount needed for transaction
Scan fuel retail’s QR code to secure payment
E-wallets are becoming a necessity for all vehicle owners as it also provides easy parking and toll payment options. As we progress towards a digital age of living, e-wallets do a lot more for people off the road too. Interested to know more? Find out what other purchases are commonly used with e-wallets in Malaysia here.