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

Tender description

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector. The Agreement will be a Dynamic Purchasing System (DPS). This will be called RM6301: Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS. This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to: " Digital Payment Services " Account Information Services " Confirmation of Payee (CoP) Services This will be the first agreement for Open Banking Services CCS has developed. We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn. The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration. Lot 1: CCS is launching a DPS as a vehicle to facilitate central government and public sector access to Open Banking and related services. Additional information: We currently do not intend to provide core merchant acquiring services through this DPS. However, this may be subject to change in the future. At present, core merchant acquiring services will be made available through our upcoming Payment Acceptance 2 agreement.