Merchant Acquirer

The contract includes the provision of merchant acquiring for all card transactions apart from student fees, which are managed separately. Both online CNP and in-person CP transactions are included. The provision of physical infrastructure for CP payment acceptance is also included, along with capability for a very small volume of MOTO payments keyed into terminals directly by staff. Student fee processing and associated merchant acquiring are excluded as these are managed separately. ****UPDATE**** Previous Open FTS Tender was abandoned due to no acceptable tenderers. PCR 2015 Reg 32(2)(a) allows for a contract to be entered into via negotiation without further competition where ‘no suitable tenders’ were received. This contract was negotiated with the incumbent supplier to ensure that the services continue.