Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

All central government departments and UK public sector bodies can access open banking related tools and services. Instead of relying on card payments, open banking services provide citizens and businesses with an alternative method of paying and/or receiving money from the public sector. You will be able to access a range of open banking services including: Payment Initiation Service Providers (PISPs): PISPs let you pay companies directly from your bank account rather than using your debit or credit card through a third party, such as Visa or Mastercard Account Information Service Providers (AISPs): being an authorised AISP means that a company can access an individual’s bank account data from their financial institution with their explicit consent To help you find the services and suppliers to meet your needs you will be able to use the following filters: service type total contract value hosting and delivery capabilities This Dynamic Purchasing System (DPS) will run for 8 years.