By James A. Loyola

China Banking Corporation has been tapped by AF Payments, Inc. to be the first bank to offer the beep™ card reloading service via its automated teller machines (ATM).

China Bank and AF Payments, operator of the beep™ tap-and-go payment system, recently signed a partnership agreement adding China Bank as the first bank in the convenient and secure card reloading network of beep™.

This service is initially offered in 100 select China Bank and China Bank Savings ATMs strategically located near LRT & MRT stations and P2P bus terminals.

ATMs with beep loading capability are marked with a beep™ sticker and has a beep™ card reader housed inside it.

China Bank cardholders can reload from a minimum of P100 up to P10,000, in multiples of P100. The load amount is debited from their China Bank account and instantly stored in their beep™ cards.

Each reload, regardless of amount, carries a minimal fee of P10, which is waived on the 5th transaction within the same month.

“Partnering with beep™ is special for us. We have always been conscious of harnessing available technology, particularly in the self-service space, to better serve our clients,” said China Bank Vice President for Alternative Channels Carol Chua.

She added that, “c-creating with like-minded technology partners to deliver efficient and reliable value-added service such as this, not only differentiates us in the market; it is consistent with our value of being the right partner for our customers.”