Contactless Payment System

Contactless Payment System

AC Infrastructure Holdings, Corp. is the Ayala group’s development arm for its transport infrastructure investments. The company selectively pursues toll road, rail and airport projects under the government’s Public-Private Partnership program. AC Infra aims to contribute to the development of infrastructure and help improve the transport services in the country.

AF Payments Inc logo

AF Payments Inc. (AFPI) is a consortium between the Ayala Group and the First Pacific Group.  The AF Consortium brings together the strong track record and experience of both groups in banking, development of payment platforms, management of utilities, retail, telecommunication, and operations.


The AF Consortium is composed of the following member companies:
– 26% Ayala Group Effective Stake, composed of AC Infra, BPI Card Finance Corporation and Globe Telecom.
– Metro Pacific Investments, Smart Communications, Inc., and Meralco Financial Services Corp. for the First Pacific group
Concession Term:
10 years
Project Overview:

AFPI is a provider of a contactless electronic payment system that includes but may not be limited to a contactless smart card. The payment system can be used to make payments on public transport, specifically the rail system, and is planned to be available in a wide range of retailers and facilities. The name of the application is beep™.

beep™ is a product that holds stored value functionality, owned and governed by AF Payments Inc., which resides on the beep™ application. The beep™ Purse Product stores monetary value for use by holders as means of payment for fare in Authorized Transport Establishments or any other Authorized Establishments for qualified goods and services. beep™ allows cardholders to make contactless payments without having to hand over the medium to cashiers, or without the need to dip or swipe it. In order to make the payment, the cardholder should simply tap beep™ on the beep™ accepted contactless reader.

Management Team:
Peter Maher, Chief Executive Officer
Mickey Gonzaga, Chief Operations Officer
Head Office:
4F MSE Building, Ayala Ave. Makati City 1226 Philippines
Contact Details:
+ (632) 810.0398


Ayala Corporation Chairman Jaime Augusto Zobel de Ayala and President and COO Fernando Zobel de Ayala, during their LRT-MRT Beep Lines visit in Dec 2015
JAZA & FZA with AFPayments' CEO Peter Maher, during the Beep & LRT_MRT visit
AC Infra - Beep Card
Ayala Infrastructure - Automated Fare Collection System
AC Infra - AFPI Beep Card
AFCS Concession Agreement Signing
Beep Card for BGC Bus
Girl with Beep Card