Payment Acceptance

A service to accept card and alternative payment methods either face to face or through eCommerce routes. Provides access to Open Banking and consultancy services.

Description

Deliver a range of payment acceptance services including card acquiring and gateway services, payment equipment, alternative payment methods (APMs) and payment initiation services (PISP), which are borne out of the Open Banking innovations.

Also included are specialist payment consultancy services to help customers assess their end-to-end payment landscape.

Payment acceptance can be defined as the process by which providers of goods and services are paid by consumers. Typically those receiving payments are paid by an ‘acquirer’ who is a regulated entity who can settle funds from a range of payment types (such as Visa and MasterCard). This acquirer typically receives funds from the consumer’s card or account ‘issuer’. This transaction flow is governed by the relevant payment scheme rules and delivered by the relevant interbank processor.

The Agreement has a 3-year contract period with the option of a further 1 year extension.

Benefits

  • customers are able to segment their payment acceptance proposition into the constituent elements
  • potential to monetise added social value
  • transparent fee structure
  • commercial benefit rate of 15% against typical market rate
  • a wide range of suppliers from large nationals to SMEs. 
  • innovative Open Banking solution

Carbon Reduction

Some of the suppliers for this agreement have agreed to comply with the Procurement Policy Note 06/21: 'Taking account of Carbon Reduction Plans in the procurement of major government contracts'. If a supplier has published a carbon reduction plan, you can find it on their individual supplier details page.

Products and suppliers

There are 15 suppliers on this agreement

Lot 1: Face to face and Card Not Present (CNP) card acquiring, Gateway and APM Services
This solution allows you to accept payment through face to face or unattended POS terminals like car parking machines. You can also accept alternative payment methods over the phone and the internet.

Expires:

3 suppliers

Lot 2: CNP only card acquiring, gateway and APM Services
If you need a solution to accept card payments and alternative payment methods by call centre, over the phone and the internet.

Expires:

6 suppliers

Lot 3: CNP and face to face acquiring Services
If you have your own payment gateway and merchant card acquiring equipment, and require a merchant acquirer.

Expires:

3 suppliers

Lot 4: CNP and face to face gateway and APM Services
If you have your own merchant acquirer (a regulated entity who can settle funds from a range of payment types) and want to accept card payments and alternative payment methods by call centre, over the phone and the internet.

Expires:

3 suppliers

Lot 5: Payment Initiation Service Providers
Receive payments, authenticated and paid directly out of a persons or businesses bank account, using faster payment instead of a debit or credit card.

Expires:

7 suppliers

Lot 7: Payment Consulting Services
For strategic advice to define payment acceptance and payment issuance requirements.

Expires:

4 suppliers

How to buy

The framework can be accessed by direct award or a further competition. 

The contract terms and conditions are available in the documents section  

Request pricing for the framework by email due to confidentiality.

Documents