The deadline for converting traffic accounts is extended to December 31.

The Vietnam Road Administration (Ministry of Construction) decided to postpone the deadline for converting traffic accounts until December 31, 2025 for foreign individuals and businesses.

In response to many complaints from foreign individuals and transport businesses about connecting non-cash payment methods to transport accounts before October 1, the Vietnam Road Administration announced that it will continue to use toll collection accounts of these groups until December 31, 2025.

Specifically, road toll payment service providers continue to use toll collection accounts of foreign individuals and businesses instead of cashless payment methods to connect with traffic accounts until December 31, 2025. During the time of completing solutions for businesses' cashless payment methods to connect with traffic accounts.

According to the feedback of transport enterprises, non-cash payment methods such as e-wallets, credit cards, payment orders, etc. of enterprises when connecting to transport accounts are more difficult than non-cash payment methods of individuals. The reason is that e-wallets for enterprises are not widely provided, so it is difficult to connect to transport accounts.

In addition, the enterprise credit card connected to the traffic account has to pay high fees (1 - 2%), which is costly for the enterprise. The payment authorization method (the payment account is authorized by the vehicle owner to pay when a transaction occurs) connected to the traffic account does not meet the processing speed of the non-stop electronic toll collection system (less than 200 milliseconds).

The deadline for converting toll collection accounts into traffic accounts for foreign individuals and businesses has been extended to December 31. (Illustration photo)

For some individuals, especially foreigners, it is difficult to identify themselves to connect their transport accounts with non-cash payment methods.

The Vietnam Road Administration also requires road toll payment service providers to proactively coordinate with VEC and investors and BOT project enterprises to develop scenarios and solutions to handle possible incidents.

At the same time, increase direct staff at toll stations to guide and support vehicle owners in connecting traffic accounts with non-cash payment methods according to regulations.

PHAM DUY

Source: https://vtcnews.vn/lui-thoi-han-chuyen-doi-tai-khoan-giao-thong-den-het-ngay-31-12-ar968469.html