AF Payments Inc. (AFPI), the financial services provider behind the beep payment system, has teamed up with Multisys Technologies Corp. in introducing QR code payments for public transportation.
The collaboration is seen revolutionizing the way Filipinos commute by complementing beep’s existing near-field communication (NFC) cards with Multisys’ QR technology under the “beep transit” solution.
This development complements the roughly 11 million beep cards offering commuters an alternative and efficient mode of payment. By using the beep App, commuters enjoy the convenience of this contactless technology through their smartphones—enhancing their overall commuting experience.
The mobile-based payment option marks a significant milestone as it is recognized as one of the fare media or fare payment methods under the Philippine National Automated Fare Collection Standards.
JJ Moreno, AFPI chief executive said the AFPI-Multisys partnership elevates the Filipino commuting experience to international standards and highlights the commitment of both to transform and improve how Filipinos commute.
“By embracing the expertise of Multisys and leveraging their advanced technology, we are broadening our payment solutions, making it simpler and more convenient for commuters to access transportation services through their mobile devices,” Moreno said.
He further expressed the company’s goal to extend this service across all train lines and thousands of buses and PUVs nationwide, ensuring widespread accessibility and convenience for commuters throughout the country.
“We are inspired by AFPI’s dedication to elevating the commuter experience, which motivates us to provide our QR technology in support of their NFC technology. Together, we are setting a new standard for convenience in public transportation,” Vic Tria, Multisys chief executive, said.
