NXP Multi-Purpose Solution in Philippines Enables Consumers to Tap Popular beep™ Card for Payment at FamilyMart Stores and ...
April 19 2017 - 2:00AM
NXP Semiconductors N.V. (NASDAQ:NXPI), today announced it will
further its collaboration with AF Payments Inc., the company behind
the contactless payment cards, beep™ cards in the Philippines, to
add micropayment capabilities. The popular cards commonly used for
transport ticketing in the Manila Light Rail Transit System Line 1
and 2, Manila Metro Train Transit System Line 3 and popular city
bus routes, can now be used to pay at the FamilyMart convenience
store chain, which is the second largest chain of 24-hour
convenience stores in the world.
According to Peter Maher, AF Payments Inc.’s President and CEO,
since the card’s launch, more than three million beep™ cards have
been sold, accumulating more than four billion Philippine peso
(PHP) in transactions with 18 million taps in a single month (March
2017).
“We chose MIFARE DESFire as the platform for our beep™ card
because we had a bigger picture in our mind when kicking off beep™
card for transport ticketing. Now with FamilyMart allowing cashless
transactions, we are convinced that it was the right choice to
provide people living in and coming to Manila a convenient
contactless and cashless experience even beyond transport
ticketing,” said Peter Maher from AFPI.
Additionally the beep™ card can be reloaded at FamilyMart as it
is a stored value card. Due to the card’s increasing popularity
many additional services are likely to follow.
“The multi-application architecture of the MIFARE DESFire
product line supports the AFPI strategy to provide multi-functional
smart card by on-boarding third party services from other sectors.
It allows them to add value to their core offering by integrating
many more useful and convenient services for their loyal
customers,” said Markus Staeblein, vice president and general
manager, secure mobility and retail solutions at NXP. “Furthermore,
our latest product, MIFARE DESFire EV2, allows customer centric
organizations to offer their customers fully cloud integrated
interactive experience for content management on their smart medium
over the air.”
About AF Payments Inc. AF Payments Inc. is a
consortium of Metro Pacific Investments Corp. (MPIC) and Ayala
Corp. that provides contactless payment solutions in the
Philippines through its integrated product and services offerings,
thereby enhancing the payment transaction experience of every
Filipino.
About NXP Semiconductors NXP Semiconductors
N.V. (NASDAQ:NXPI) enables secure connections and infrastructure
for a smarter world, advancing solutions that make lives easier,
better and safer. As the world leader in secure connectivity
solutions for embedded applications, NXP is driving innovation in
the secure connected vehicle, end-to-end security & privacy and
smart connected solutions markets. Built on more than 60 years of
combined experience and expertise, the company has 31,000 employees
in more than 33 countries and posted revenue of $9.5 billion in
2016. Find out more at www.nxp.com.
NXP, the NXP logo, and MIFARE are trademarks of NXP B.V. All
other product or service names are the property of their respective
owners. All rights reserved. © 2017 NXP B.V.
For more information, please
contact:
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Tate Tran |
Martijn van der
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Esther Chang |
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Tel: +1
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Tel: +31 6
10914896 |
Tel: +886 2 8170
9990 |
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Email:
tate.tran@nxp.com |
Email:
martijn.van.der.linden@nxp.com |
Email:
esther.chang@nxp.com |
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