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

66000000: Financial and insurance services

Contract details

Detailed information about the contract

Id
RM6301
Title
Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS
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.

Buyer
The Minister for the Cabinet Office acting through Crown Commercial Service
Date Published
Unknown
Status
Active
Classification
66000000: Financial and insurance services
Value
£800.0M GBP
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Deadline
2032-01-07 - in 7 years
Contract Start Date
2025-01-23
Contract End Date
2025-01-23
Suitable For Sme
false
Suitable For Vcse
false
Documents