Prepaid Card Services
Details
- Supplier(s)
- Prepaid Financial Services Limited (PFS)
- Value
- GBP 450,000
- Duration
- 4 years
- Topic
- Financial transaction processing and clearing-house services
- Published
- 7 October 2025
- Source
- uk:contracts_finder
Tender description
This contract provides long-term prepaid card services to support Islington Council's operations across Adult Social Care, Children's Services, NRPF, Client Finance, and Education. The service enables secure electronic fund transfers, real-time expenditure monitoring, and reduced manual payment processes, supporting a cashless model and safeguarding vulnerable clients. The contract was awarded via direct call-off from the NEPO505 Payment Solutions framework to Prepaid Financial Services (PFS), the incumbent provider. PFS was selected for their ability to meet all technical and operational requirements, including robust reporting and continuity of service. The contract commenced on 1 June 2025 and runs until 31 May 2029.
Timeline
- Completed: Award date1 June 2025
- Completed: Award published7 October 2025Current notice
- Next: Contract expiry date31 May 2029in 3 years
About the buyer
London Borough of Islington is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.
Relevant CPV codes
- 66172000 · Financial transaction processing and clearing-house services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@london-borough-of-islington.gov |
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