The Beijing branch of Hua Xia Bank and the Beijing Capital Highway Development Group have collaborated to launch a contactless card drivers may use to pay local highway tolls.
The card works with an e-tag developed by the Beijing Capital Group. Consumers insert the card into the e-tag, which is a small box installed near a rearview mirror in a car. The e-tag transfers data to the electronic toll-collection system so drivers may pay the toll without stopping.
The system deducts the toll amount from a Hua Xia debit card account paired with each IC card, according to a spokesperson for Beijing Capital. The debit card account requires an initial deposit of 2,000 yuan (US$293 or 219 euros), including a security deposit of 600 yuan.
The project is in accordance with the “Low-carbon Beijing” program initiated by the local government, which expects the card set to relieve traffic jams at tolls and eventually reduce emissions.
As the end of February, there were 4.09 million vehicles in Beijing.