Gyeonggi Province to Allow Metropolitan Transportation Facility Charge Payments via Apps, Internet, and Virtual Accounts Starting September
Electronic Payment System for Metropolitan Transportation Facility Charges to Launch in September
Virtual Accounts and Multiple Payment Channels Including Mobile Apps and Credit Cards
Starting in September, Gyeonggi Province will change its electronic payment system for metropolitan transportation facility charges, allowing payments not only through direct transfers but also via bank apps and the internet.
The metropolitan transportation facility charge is a system imposed on housing project operators and others to secure funding for the construction and improvement of metropolitan transportation facilities such as metropolitan railways and roads in major urban areas. Depending on the scale and type of development project, the governor or the mayor/county head imposes the charge within 60 days of project approval. This charge serves as an important financial resource for expanding metropolitan transportation infrastructure.
Previously, payers had to check the payment notice issued by city or county offices and make a direct transfer to the province. From September, a dedicated virtual account will be automatically assigned at five banks (KB Kookmin, NH Nonghyup, Woori, Shinhan, and Hana Bank), making it easy to pay through mobile and internet banking. In addition, various channels such as credit card payments, Wetax, and mobile simple payment services will be available, enabling payment of the charge anytime and anywhere.
Payers will be able to directly check their imposed charges through Wetax before making payments, which is expected to further enhance transparency and reliability of the system. With this system transition, Gyeonggi Province will improve the efficiency of the imposition and collection process while also enabling more systematic management of delinquencies.
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Yoon Taewan, Director of Metropolitan Transportation Policy at Gyeonggi Province, said, "The introduction of the electronic payment system will not only provide convenience in payment but also serve as an opportunity to enhance the overall transparency of the system's operation," adding, "We will continue to expand convenient administrative services that residents can truly experience."
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