Card Acquiring Tender

Concepts

• chester
• banking services
• card acquiring
• card acquiring tender
• card
• acquiring
• user expectations
• optional extension periods
• future market
• technological changes

Location

Chester

Description

This Award Notice follows the University of Chester seeking tenders for its card acquiring which includes the processing, authorisation and settlement of the University’s debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University is seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with an organisation which it can be confident will fulfil all the University’s current and future requirements. Please note the values in this notice are rounded up and are for the full potential 7 years of the contract including optional extension periods.

Total Quantity or Scope

This award notice follows University of Chester having tendered for card acquiring which includes the processing, authorisation and settlement of the University’s debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University was seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. The values entered into this notice are rounded up and for the value of the full 7 years including optional extensions.

Award Detail

Award Criteria

CPV Codes

• 66110000 - Banking services

Indicators

• Award on basis of price and quality.