- Media statement
- Setel is appointed as one of the e-Wallet service providers to support the Government’s eBeliaRahmah’s effort
- 21 June 2023
KUALA LUMPUR, 21st June 2023 – Setel wishes to express its appreciation to the Ministry of Finance for being appointed as one of the e-Wallet service providers for the eBeliaRahmah programme, in support of the Government’s effort to ease financial burden and promote cashless payments among youths.
From 26th June to 31st August 2023, Malaysian youths aged 18 to 20 or full-time Malaysian students enrolled at Malaysia’s higher education institutes (IPT) are eligible to claim the RM200 eBeliaRahmah one-off credit through the Setel app.
“Setel is honoured to support eBeliaRahmah programme, which is aligned with our purpose to foster a cashless society and promote safer and efficient financial transactions. Boasting an acceptance at more than 1.6 million retail stores nationwide and at Malaysia’s largest fuel retail network of over 1,000 PETRONAS stations nationwide, eligible claimants who apply for eBeliaRahmah through the Setel app can shop at retail stores displaying Setel and DuitNow QR code, and at any PETRONAS station. Setel hopes to support the youths’ financial well-being through our additional incentives and in turn contribute to drive economic growth for local businesses and support their transition towards cashless payments seamlessly.” said Mazlin Erawati Ab Manan, Chief Executive Officer of Setel.
“The announcement of Setel as an eBeliaRahmah e-Wallet service provider has sparked a remarkable level of engagement and encouragement from the public. Building upon the positive feedback, we are excited to unveil the additional benefits offered by Setel, perfectly aligned with the initiative’s core objective: to cater to the daily needs of young individuals while driving economic growth for local businesses.” said Mazlin Erawati Ab Manan, Chief Executive Officer of Setel.
Score up to RM105 additional cashback by spending across 1.6 million retail stores nationwide, over 1,000 PETRONAS stations, Cafe Mesra outlets, online purchases at PETRONAS Shop, and RM10 welcome promo for all newly registered users.
Step 1
Launch Setel and tap on the eBeliaRahmah icon.
Step 2
Read the offers, terms, and requirements. Once done, you can ‘Claim now’.
Step 3
Non-verified users will need to perform eKYC. Verified users can fill out the application form.
Step 4
Your application will be reviewed, which will take
1-3 business days.
Step 5
You will be notified via push notification on your application status.
To be able to apply for the RM200 one-off credit from 26th June 2023 onwards, eligible youths will need to download or update to the latest version of the Setel app and complete the account verification through e-KYC. The amount will be credited to the user’s eBeliaRahmah Wallet in the app upon successful application, and will be notified via a push notification and app inbox message. The credit can be used for purchases at any retail store that accepts Setel and DuitNow QR code and PETRONAS stations nationwide. The credit must be utilised by 31st August 2023 and is non-transferable to other e-Wallet accounts. For more information, please visit https://budget.mof.gov.my/manfaat/faq/etunai-rahmah.html
Introduced in July 2018, Setel is a mobile platform that aims to delight customers by innovating for better, inclusive mobility. Setel serves customers across Malaysia by powering one app as the constant companion to ease motorists’ journey across fuelling, parking, EV charging, motor takaful/insurance, road tax renewal, 24/7 auto assistance, purchases, and more across PETRONAS petrol stations, retail partners, and online merchants. Download Setel for free from App Store, Google Play Store and Huawei AppGallery, or find out more at https://www.setel.com.
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