Electronic Payments in Montenegro Tender, Montenegro - 106311204

Procurement Summary

Country : Montenegro

Summary : Electronic Payments in Montenegro

Deadline : 09 Sep 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 106311204

Document Ref. No. : 0002010951

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

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Tender Details

Expression of Interest are invited for Electronic Payments in Montenegro

Description: In many emerging markets, despite the availability of various types of electronic payment services, their adoption by consumers and merchants is not optimal. Several factors are at play, including the quality of the digital financial services ecosystem,  costs to merchants and businesses, consumer behavior and attitudes, the legal and regulatory environment.The World Bank, in collaboration with the Central Bank of Montenegro, aims to conduct an assessment of the electronic payments acceptance (EPA) landscape in Montenegro. The assessment will include an in-depth analysis of the current state of the electronic payments ecosystem and provide recommendations on implementing actions that improve acceptance and usage of electronic payments in the country.For this purpose, the World Bank seeks to collect reliable data on the EPA ecosystem,  on the merchant side, consumer side and provider side.

In many emerging markets, despite the availability of various types of electronic payment services, their adoption by consumers and merchants is not optimal. Several factors are at play, including the quality of the digital financial services ecosystem, costs to merchants and businesses, consumer behavior and attitudes, the legal and regulatory environment.

The World Bank, in collaboration with the Central Bank of Montenegro, aims to conduct an assessment of the electronic payments acceptance (EPA) landscape in Montenegro. The assessment will include an in-depth analysis of the current state of the electronic payments ecosystem and provide recommendations on implementing actions that improve acceptance and usage of electronic payments in the country.

For this purpose, the World Bank seeks to collect reliable data on the EPA ecosystem, on the merchant side, consumer side and provider side.

NOTES

Following this invitation for EOI, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.

Only those firms which have been shortlisted will be invited to participate in the RFP phase. No notification or debrief will be provided to firms which have not been shortlisted

Documents

 Tender Notice