PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))
Estimated value
—
Awarded value
—
Suppliers
0
Lots
1
Published
31 Jan 2025
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 Africa 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 journey British 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. PIN (Prior Information Notice): https://www.find-tender.service.gov.uk/Notice/003654-2025?
Scope
- Reference
- IT-117-3765-BC/03765
- Commercial tool
- Standalone contract
- Contract dates
- 23 Jun 2025 to 21 Jun 2027
- CPV classifications
- 66170000 66115000
Submission & procedure
- Submission deadline
- 17 Feb 2025, 5:00 pm