IMPORTANT CLARIFICATION ON THE BEEP-MASTERCARD PARTNERSHIP TO INTRODUCE NEW PAYMENT SOLUTIONS FOR USE IN PUBLIC TRANSPORT
AF Payments Inc. (AFPI) would like to clarify certain news articles and social media posts that have announced its partnership with Mastercard and introduce the use of new, contactless payment solutions in public transportation, including in buses and at the Metro Rail Transit or MRT-3.
While it is true that AFPI has forged a business partnership with Mastercard, the use of debit cards, credit cards and/or prepaid cards powered by Mastercard for use in public transportation is still being vetted and evaluated under a Proof of Concept (POC) technical study, the results of which will not yet take immediate effect, contrary to news reports that have since come out. AFPI and Mastercard has vowed to work closely and conscientiously with the Philippine government and other stakeholders to ensure a smooth, transparent, and well-coordinated transition to new and emerging payment options.
This on-going POC study is a manifestation of our full and unbridled support of the Philippine government’s efforts to introduce convenient, innovative, cost-efficient and future-oriented transport-based payments and associated technologies in due time, the benefits of which we believe will ultimately redound to the riding public. For the record, there was no intention to immediately displace the use of the beep™ card, the fare media brand owned by AFPI, which is currently being extensively used in the light rail network and in select transport modes nationwide. The POC is meant to explore and learn from alternative payment modalities comparable to what is being used elsewhere in the world.
AFPI assures the public that beep™ cards will remain in use while it continues to explore beneficial and sustainable partnerships and initiatives to better serve its customers. For more updates and developments, watch out for our announcements on our website – www.beep.com.ph and our official social media channels.






