The MoT will build an electronic payment database management system to share with service providers. — Photo qdnd.vn

The Government has just issued a decree on electronic payments for road traffic, effective from Tuesday.

Tô Nam Toàn, from the Department for Roads of Việt Nam (DRVN), said that the Law on Roads had separate regulations on electronic payments for road transport.

These include payment of fees, prices and services related to the transport activities of road vehicles through transport accounts.

Regarding the electronic payment implementation model, the Ministry of Transport would build a database management system to share with service providers, said Toàn.

Regarding the implementation of converting toll collection accounts to traffic accounts connecting non-cash payment means, while providing a roadmap, the DRVN has anticipated issues to ensure connection between service providers and non-cash payment means suppliers.

Currently, two providers of non-stop automatic toll collection were deploying this service, he said.

In particular, the Việt Nam Digital Transport Joint Stock Company (VDTC) under military-run telecom service provider Viettel has connected Viettel Pay wallet to the toll collection account.

Transferring money from the toll account to a non-cash payment method is enough to immediately convert the traffic account connected to the non-cash payment method.

In the future, other providers such as Visa can sign contracts with VETC, VDTC to connect payment methods and vehicle owners can choose Visa wallets to connect payments. — VNS