AF Payments expands tie-up for beep™ loading, names Xytrix Systems
(SDN) — BOOSTED by over six million cardholders, the company behind the beep™ payment system — AF Payments, Inc. — continues to expand its loading partnership with select companies.
To realize this goal, AF Payments recently struck a deal with Xytrix Systems Corporation for a Business Partnership, making the latter one of the former’s authorized beep™ loading partners.
Their partnership is geared towards providing additional beep™ loading options to the six million cardholders through more unmanned beep™ loading kiosks deployed in strategic transport hubs available 24/7.
AF Payments and Xytrix Systems signed recently an agreement for the deal.
Xytrix Systems is a 20-year-old IT Products, Solutions, & Services Provider with a competent track record in servicing the Telecommunications, Enterprise, Finance, Education, Manufacturing, Business Process Outsourcing, and Government markets.
In the latter part of 2018, AF Payments announced that the company had already sold more than five million beep™ as well as achieving its first Php1 billion transactions.
PARTNERSHIP. AF Payments, Inc. CEO Peter Maher (2nd, left) seals his company’s partnership with Xytrix Systems President Dan Evangelista with a handshake. The deal makes Xytrix one of the loading partners for beep cardholders. Also in the picture are eTap President Percy Hernandez (left) and eTap CTO Marlon Portugal. (AF Payments)
AF Payments President and CEO Peter Maher told SDN — Science and Digital News then that they were expanding the uses of the beep card beyond the rails.
He was referring to its traditional use in the Philippines for currently the three lines of the Light Rail Transit (LRT) — I, II and III — and Metro Rail Transit (MRT).
He said beep card is now expanding to non-transportation sector and reach more users.
“Well, it’s really extending the uses of beep card outside of the rails. So, it’s going to be more bus lines, more jeepney lines. We are very excited with the modernization program for the jeep, we hope to be a big part of that,” Maher said.
The beep™ card can be used in all three elevated railways of LRT-1, LRT-2, and MRT-3, select bus lines, and CAVITEX. A beep card is selling for Php20 each, and is OK for reloading up to Php10,000. (EKU)
About AF Payments, Inc.
AF Payments Inc. is a consortium of Metro Pacific Investments Corp. (MPIC) and Ayala Corp. that provides contactless payment solutions in the Philippines through its integrated product and service offerings, thereby enhancing the transaction experience of every Filipino.