Card Acquiring Tender

Tender description

This Award Notice follows the University of Chester seeking tenders for its card acquiring which includes the processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University was seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. Please note the estimated total value includes the optional extension periods and is estimated to be in the range £250,000 to £750,000. Please note that all values in this notice have been rounded up and are for the full potential 7 years of the contract.