PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765

A Prior Information Notice
by BRITISH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
___
Sector
BUSINESS
Published
31 Jan 2025
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers
British Council
+−
Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

1 buyer

Description

The British Council is seeking to conduct a market engagement with suppliers who can provide Online Payment Acceptance Services in challenging markets, primarily South-East Asia and AfricaIntend Reference: BC/03765

Total Quantity or Scope

All our commercial exam operations in all our countries face a currency mismatch – local currency revenue and GBP costs (primarily Exam Board fees). This income is collected from customers in a range of payment journeys:- Where the customer is paying while in an online journey- The customer is paying cash in an office or teaching centre- The customer pays electronically but is not in an online journeyBritish Council is investigating options to engage a specialist payment providers handling the British Council Online Payments across our challenging markets, primarily South-East Asia and Africa. Their service will enable the customer to pay in their local currency for any product and the British Council to receive hard currency in the UK.

CPV Codes

  • 66115000 - International payment transfer services
  • 66122000 - Corporate finance and venture capital services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

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