Closed tender

PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))

Details

Topic
International payment transfer services
Published
31 January 2025
Submission
17 February 2025

Tender description

The British Council is seeking to conduct a market engagement with suppliers who can provide Online Payment Acceptance Services in challenging markets, primarily South-East Asia and Africa All our commercial exam operations in all our countries face a currency mismatch - local currency revenue and GBP costs (primarily Exam Board fees). This income is collected from customers in a range of payment journeys: - Where the customer is paying while in an online journey - The customer is paying cash in an office or teaching centre - The customer pays electronically but is not in an online journey British Council is investigating options to engage a specialist payment providers handling the British Council Online Payments across our challenging markets, primarily South-East Asia and Africa. Their service will enable the customer to pay in their local currency for any product and the British Council to receive hard currency in the UK. PIN (Prior Information Notice): https://www.find-tender.service.gov.uk/Notice/003654-2025? Additional information: If you are interested in expressing an interest and/or bidding for this project, please go to https://in-tendhost.co.uk/britishcouncil . You may then have to register your company before you can express an interest for this project and get access the documents. Is a Recurrent Procurement Type? : No

Timeline

  1. Completed: Tender published31 January 2025
    Current notice
  2. Completed: Submission date17 February 2025

About the buyer

British Council 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

  • 66115000 · International payment transfer services
  • 66170000 · Financial consultancy, financial transaction processing and clearing-house services

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Decision makers

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