Monday, May 26, 2008

ePetrol system - possible solution for fuel subsidy?

ePetrol Holdings Sdn Bhd is proposing to the government of Malaysia to make use of their ePetrol system as solution to implement fuel subsidy scheme for citizen with MyKad. This company is established in 2003. Their founding directors include RHB Group founder Tan Sri Rashid Hussain and Dialog Group Bhd chairman and group managing director Ngau Boon Keat. They've showcased the ePetrol system during the World Congress on Information Technology 2008 (WCIT 2008).

User of the system will need to register and activate his MyKad at a registration kiosk to be eligible for the fuel subsidy. The user can link the MyKad to his bank account so payment can be debited from the account each time a fuel purchase is made. Otherwise, payment can be made via credit card or cash. The user is then identified with his MyKad at the petrol pump terminal, and his subsidy amount will be deducted during the fuel pumping transaction.

Will this solution be rolled out by the government? Let's wait and see...


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