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beep™ Bullish on New EO Pushing for Digital Payments and Collections in Government

beep™ operator AF Payments Inc. lauds President Rodrigo Duterte’s signing of Executive Order (EO) No. 170, series of 2022, which mandates the adoption of digital solutions for government disbursements and collections in all departments, bureaus, state universities and colleges (SUCs), government-owned or -controlled corporations (GOCCs), and local government units (LGUs).

                                                           

“beep™ was born out of a public-private partnership designed to serve the people. Over the years, we have collaborated closely with various agencies in the implementation of a modern, efficient, and reliable payment system that helps improve the quality of life of every Filipino. With the Philippine government’s full support for the adoption of digital financial transactions through EO 170, we are optimistic that an inclusive, resilient, and future-ready economy is on the horizon,” said Jonathan Juan Moreno, President and Chief Executive Officer of AF Payments Inc. “this certainly bodes well for the country’s push for national competitiveness”, he added.

                                                           

With 8.5 million beep™ cards issued and 32.8B worth of transactions processed through its Automated Fare Collection System (AFCS) to date, beep™ has since expanded its services from all three elevated rail lines (LRT-1, LRT-2, and MRT3) to EDSA and provincial buses, modern jeepneys, ferries, as well as in toll ways, and retail establishments. It has also harnessed modern and emerging technologies such as Near-field Communication (NFC) and Quick Response (QR) to provide a more seamless, convenient and secure digital payment experience to millions of Filipinos who have increasingly grown accustomed to using beep™ cards in their daily commute and micropayment transactions.

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