AF Payments Inc. is set to extend the validity of one million beep card users due to expire this year in line with the company’s thrust to maximize the utility of beep cards and minimize the environmental impact of disposing expired cards.
The operator of the beep tap-and-go payment system said there are 6.5 million cards in circulation, of which one million cards are due to expire this year. Only 27,000 cards have been extended as of February 12.
The beep expiry date extension program is valid for standard beep cards with a minimum balance of P10 and will run until December 2020.
Cards can be extended 60 calendar days prior and 60 calendar days after the expiry date of the card (for example, a customer can extend a card that expires at the end of December any time between Nov. 1, 2019 and Feb. 29, 2020).
The new expiry date will be the last day of the same month as the original expiry date month but with one year added. For example, the new expiry date for a card expiring at the end of Dec. 31, 2019 will be on Dec. 31, 2020.
beep cards with less than P10 load balance excluding concessionary cards and blacklisted cards are not eligible for the one-year extension, alongside cards with expiry dates that do not fall within the period specified for the extension 60 days prior and 60 days after the printed expiry date.
There is a P10 transaction fee for the expiry date extension. Concessionary beep cards for senior citizens and person with disabilities will be extended free of charge.
