What is beep™?
beep™ makes everyday transactions easier by offering Filipinos a more convenient and modern way of paying.
It is a stored value contactless card that can be used for fare payments in Metro Manila’s
3 elevated railways: LRT1, LRT2, and MRT. 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 various retail establishments such as Family Mart 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.
beepʼs loading network spans the 44 LRT and MRT stations, 17 terminals and stops of bus companies with beep acceptance, 59 FamilyMart branches and over 300 outlets of Bayad Center and its affiliates which include SM Bills Payment Centers and Robinsons Business Centers. You may also load using the beep loading kiosk located in strategic areas where beep is accepted. App-based loading is also available via the Coins.ph app.
About AF Payments Inc.
AF Payments Inc. is a partnership between two of the country’s biggest
conglomerates, the Ayala Group and First Pacific Group, forming the
AF Consortium to participate in the bid for the Automatic Fare Collection
System (AFCS). Project under the Public-Private Partnership scheme of
the Republic of the Philippines through the Department of
Transportation (DOT formerly DOTC).
AF Consortium brings together companies that have strong track records
and experience in banking and payments, utilities, retail, telecommunications,
and toll road businesses, focused on developing commuting efficiency and
improving customer experience. The AF Consortium is composed of the
following member companies:
• BPI Card Finance Corporation, Globe Telecom, and AC Infrastructure
Holdings for the Ayala group
• Metro Pacific Investments, Smart Communications, Inc., and Meralco
Financial Services Corp. for the First Pacific group
On January 30, 2014, following a transparent, fair, and competitive bidding
process, the DOTC awarded AF Consortium the rights to design and build the
Automated Fare Collection System of LRT 1, LRT 2, and MRT 3.
In order to deliver the AFCS project and to build on the possibilities beyond
the rail system provided by such a project, the consortium incorporated
AF Payments Inc. (AFPI) on February 10, 2014. At its core, AFPI is a provider
of a contactless electronic payment system that includes but may not be
limited to a contactless smart card. The payment system can be used to
make payments on public transport, specifically the rail system, and is
planned to be available in a wide range of retailers and facilities. The name
of the application is beep™.
Board of Directors
Jose MA. K. Lim
Chairman Jose Ma. K. Lim is President and CEO of Metro Pacific Investments Corporation (MPIC).Mr. Lim holds a Bachelor of Arts Degree in Philosophy from Ateneo de Manila University and an M.B.A Degree from the Asian Institute of Management.
Jose Rene D. Almendras
Vice Chairman Jose Rene D. Almendras is currently the President & CEO of AC Infrastructure Holdings Corporation (AC Infra). He is a Managing Director and a member of the Ayala Corporation Management Committee.Mr. Almendras served as Secretary of Foreign Affairs for the Republic of the Philippines (from March to June 2016) and as Cabinet Secretary under the Office of the President of the Aquino administration.
Peter P. Maher
President & CEO, AF Payments Inc. Mr Maher was appointed as the first President and CEO of AF Payments Inc in August 2014.He obtained a Bachelor of Business Studies degree from Trinity College Dublin, Ireland.
Ernest L. Cu
Director Ernest L. Cu is the President and CEO of Globe Telecom, Inc.Mr. Cu obtained a Bachelor of Science Degree in Industrial Management Engineering from De La Salle University in Manila, and an M.B.A. from the J.L. Kellogg Graduate School of Management, Northwestern University.
Betty C. Siy-Yap
Director Ms. Betty C. Siy-Yap is Chief Financial Officer & Senior Vice President at Manila Electric Co., She also serves on the Board of Directors of several subsidiaries.She received her undergraduate degree from the University of the Philippines, an MBA from Northwestern University, and an MBA from The Hong Kong University of Science & Technology.
Marie Josephine M. Ocampo
Director Marie Josephine M. Ocampo, “Jojo,” is the Senior Vice President and Payments and Remittance Group Head of the Bank of the Philippine Islands (BPI).Jojo graduated Magna Cum Laude and received her Bachelor of Science in Business Management, Honors Program at the Ateneo de Manila University. She also completed the Advance Management Program at the Harvard Business in 2007.
Bernard P. Llamzon
Director Mr. Llamzon is the Head of Consumer Sales Division of Globe.Mr. Llamzon holds a Bachelor’s Degree in Commerce, and has attended the Management Development Program of the Asian Institute of Management and INSEAD’s World Class Business Manager Program.
David J. Nicol
Director David J. Nicol is the Chief Financial Officer of Metro Pacific Investments Corporation.Mr. Nicol began his career with PricewaterhouseCoopers where he served for 10 years in London, New York and Hongkong. He joined First Pacific Company Limited in 1991.
Simon R. Paterno
Director Mr. Paterno is the Head of the Financial Products Group and is a member of the Management Committee of BPI.Mr. Paterno obtained his MBA from Stanford University in 1984. He was awarded his A.B., cum laude, Honors Program in Economics from Ateneo de Manila University in 1980.
Orlando B. Vea
Director Orlando B. Vea is the Chief Wireless Advisor of SMART.Mr. Vea graduated from the University of the Philippines in 1970 with a degree in A.B. Economics.
Anabelle L. Chua
Director Ms. Chua is Chief Financial Officer of the PLDT Group. She is also a director of Smart and various subsidiaries of Smart and PLDT. Prior to joining PLDT in 1998, Ms. Chua was a Vice President at Citibank, N.A..She graduated magna cum laude from the University of the Philippines with a Bachelor of Science Degree in Business Administration and Accountancy.