Beep (smart card)

beep
Location Metro Manila
Launched July 20, 2015[1]
Operator AF Payments Incorporated
Manager AF Payments Incorporated
Currency PHP (₱10,000 maximum load)
Credit expiry 5 years
Validity
Retailed
  • LRT and MRT stations
Website http://www.beeptopay.com

Beep (stylized as beep) is a reloadable contactless smart card aimed to be a replacement for the magnetic card-based system in paying rail based rapid transit transportation fares in and around Metro Manila. Beep is also aimed to be used in lieu of cash in some convenience stores and other businesses. The Beep system is implemented and operated by AF Payments Incorporated, which is primarily owned by Ayala Corporation and Metro Pacific Investments Corporation.

Use

As of June 2016, Beep is accepted at:

This is aimed to be expanded to eventually cover:

Card types

Single Journey

A single journey card costs from ₱13 to ₱30, and can be purchased initially at all LRT and MRT stations.

Stored Value

Front view of a beep card

There is a stored value card for sale that initially costs ₱20 for the card alone. The card has a maximum load limit of ₱10,000 which is valid for 4 years from the date of first purchase of the card. Reloading of the stored value cards will initially be at all LRT and MRT stations, which could then be expanded into several convenience stores and other stores and brands that will participate in the system. Self-service recharge machines are also available at all LRT and MRT stations to add value to the card. Due to its popularity, from 12 October 2015, new stored value Beep Cards quickly ran out of stock, and were replenished later in the following months.

Third-party/add-on cards

Due to the card's increasing popularity, other companies from banks to mobile company are now selling Beep cards with additional features (ie. PayMaya,[2] Globe GCash,[3] BPI Amore, etc..). PayMaya, for an instance can be used as a debit card and transferring funds, can be use for Uber [4] ride or Beep card as well.

History

See also

Photos

References

This article is issued from Wikipedia - version of the 11/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.