Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

Id

RM6301.

Title

Description

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.

The Agreement will be a Dynamic Purchasing System (DPS). This will be called RM6301: Open Banking DPS (Data, Digital Payments and Confirmation of Payee Services).

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to: Digital Payment Services Account Information Services Confirmation of Payee (CoP) Services

This will be the first agreement for Open Banking Services CCS has developed. We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn.

The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.

Additional information: Please note the Closing Date, Contract Start Date and Contract End Date have been manipulated to support compatibility system issues. However please refer to the contract notice for the correct dates, timelines etc.

Buyer

Crown Commercial Service

Date Published

2023-12-08 - a year ago

Status

Active

Classification

66000000: Financial and insurance services

Value

£800.0M GBP

Procurement Method

Selective

Procurement Method Details

Restricted procedure (above threshold)

Tender Deadline

2032-01-07 - in 7 years

Contract Start Date

2032-01-08

Contract End Date

2032-01-09

Suitable For Sme

true

Suitable For Vcse

true

Documents

Contract details