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Friday, March 29, 2024

AF Payments bares tie-up with Coins.ph

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AF Payments Inc., a consortium led by Ayala Corp. and Metro Pacific Investments Corp., teamed up with Coins.ph, the leading digital wallet and mobile payments app, to enable commuters to load their beep card using near field communication-enabled Android smartphones. 

“Coins.ph provides beep cardholders the ability to load their cards anytime, anywhere just by tapping their card on their smartphone. This added convenience means no more falling in line to add load during the busy rush hour,” AF Payments president and chief executive Peter Maher said. 

The partnership is directly driving the adoption of cashless payments in the Philippines. It is also expected to inspire enterprising individuals to earn additional income by providing beep card loading services to more than four million  beep cardholders to date. 

Coins.ph, licensed by the Bangko Sentral ng Pilipinas as an electronic money issuer and remittance and transfer company, aims to foster financial inclusion and promote mobile payments in the Philippines.

With four million customers, Coins.ph allows everyone including unbanked and underbanked customers to store value in their Coins.ph wallets, send money to family and friends, pay their bills, buy load and make payments across the Philippines directly from their phone. 

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