What is beep?
The beep™ card is a stored value smart card that’s a better payment option for both individuals and businesses.
It facilitates easier cashless payments on the LRT1, LRT2, in the MRT3. Eventually, you’ll be able to use it at various establishments around the metro. It can also be used in select city buses such as BGC Bus, Citylink Coach Services and majority of the Point-to-point (P2P) buses. It is also accepted in NLEX and CAVITEX to pay for toll fees and in Family Mart, Robinsons Movie World and Wendy’s for over the counter payments. In the coming months, it will be available in more convenience stores, quick service restaurants, coffee shops and transport points.
beep™ ’s loading network spans the 44 rail stations, 17 terminals and stops of bus companies with beep acceptance, 59 FamiylMart branches, 5 Circle K branches (in BGC), and over 300 outlets of Bayad Center and it’s affiliates which include SM Bills Payment Centers and Robinson’s Business Centers.
In a collaboration aimed at helping Filipinos skip the lines, Coins.ph, the leading digital wallet and mobile payments app, and contactless payment provider, beep™ cards using NFC-enabled Android smartphones.
The new function enables commuters to easily and quickly load their beep™ card in seconds with funds from their Coins.ph digital wallet by simply tapping their card on their phone. Coins.ph digital wallets can be funded in over 33,000 locations nationwide.
To enjoy the new service, users simply have to download the latest Coins.ph app in the Google Play Store and register or log in to their account. They can load as little as Php10 on their beep™ card and there is no extra fee or surcharge
A beep™ card’s first app-based reloading partner, Coins.ph brings with the convenience of loading any beep™ card anytime, anywhere. The partnership is directly driving the adoption of cashless payments in the Philippines. It is also expected to inspire enterprising individuals to earn additional income by providing beep™ card loading services to more than 4M beep™ cardholders to date.
“Coins.ph provides beep™ cardholders the ability to load their cards anytime, anywhere just by tapping their card on their smartphone. This added convenience means no more falling in line to add lod during the busy rush hour” said Peter Maher, President and CEO of AF Payments Inc.
Coins.ph, licensed by the Banko Sentral ng Pilipinas (BSP) as an electronic money issuer and remittance and transfer company, aims to foster financial inclusion and promote mobile payments in the Philippines. Having already reached 4 million customers, Coins.ph allows everyone, including unbanked and underbanked customers to store value in their Coins.ph wallets, send money to family and friends, pay their bills, buy load and make payments across the Philippines directly from their phone.
“Each day, nearly 2 million Filipinos are forced to wait in long lines to top up their beep™ cards with cash”. Said Ron Hose, CEO of Coins.ph. “With this collaboration, beep™ cardholders can seamlessly use Coins.ph to load their cards with their phones and make payments anywhere beep™ is accepted. This solution represents a catalytic step forward in a vision that we share with the Banko Sentral ng Pilipinas of forging an advanced digital economy by the year 2020.”
Visit theier website: www.beeptopay.com