Pin: Uk_331 - Trapped Cash Solution (Global Payment Service Provider (Psp)) Tender

Procurement Summary

Country : United Kingdom

Summary : Pin: Uk_331 - Trapped Cash Solution (Global Payment Service Provider (Psp))

Deadline : 17 Feb 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 114071533

Document Ref. No. : IT-117-3765-BC/03765

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

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.
Location Of Contract : E20 1JQ
Industry : International payment transfer services - 66115000 Corporate finance and venture capital services - 66122000 Accounting services - 79211000
Value Of Contract : £0
Published Date : 31 January 2025
Closing Date : 17 February 2025

Documents

 Tender Notice