Bank of the Philippines Islands (BPI) is introducing EMV compliant banking and transport cards that supports beep, a contactless ticketing system for Manila Metro. Gemalto, the world leader in digital security, will supplying the cards. BPI is the first to cater to both EMV and transport payment. The two-in-one card leverages Gemalto’s Optelio technology and gives commuters greater security and convenience while increasing the transaction volume and user base for financial institutions. beepTM was introduced in July 2015 to facilitate transit payment and quicker entrance at train stations’ gantries. It also eliminates the need to repeatedly queue and purchase tickets for commuters.
