Payment Acceptance - Merchant Acquiring Services

A Contract Award Notice
by BOURNEMOUTH CHRISTCHURCH AND POOLE COUNCIL

Source
Contracts Finder
Type
Framework (Services)
Duration
3 year
Value
£500K-£800K
Sector
BUSINESS
Published
15 Aug 2023
Delivery
01 Sep 2023 to 31 Aug 2026
Deadline
28 Apr 2023 13:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Merchant acquiring is a range of services for payment execution and processing. It is a service provided to enable the acceptance of payments via credit card or debit card. Without having a merchant acquirer, the Council will be unable to accept card payments, and thus the services are an integral part of the Council's income process. Prior to the formation of the unitary authority, Bournemouth Christchurch and Poole Council had a number of different suppliers engaged that were providing similar services. Through the award of this contract BCP Council is consolidating the number of suppliers and achieving better economies of scale.

Award Detail

1 Global Payments (Leicester)
  • Value: £800,000

CPV Codes

  • 66110000 - Banking services

Indicators

  • Contract is suitable for SMEs.

Other Information

This contract was awarded by Direct Award completed through the CCS RM6118 - Payment Acceptance Framework

Reference

Domains