Planning

Payment Gateway Solution

LONDON NORTH EASTERN RAILWAY LTD.

This public procurement record has 1 release in its history.

Planning

18 Jan 2021 at 13:24

Summary of the contracting process

The London North Eastern Railway Ltd. is planning to renew its contract for a Payment Gateway Solution, which falls under the financial consultancy and transaction processing industry. This procurement process is currently in the planning stage, with a future notice date set for 15th February 2021. The services will be applicable across the UK, and the buyer seeks an innovative payment supplier that can ensure tier 1 fraud protection as well as PCI compliance for a range of digital payment methods, including major credit cards and cryptocurrencies.

This tender presents significant opportunities for businesses specialising in financial technology and payment processing services. Companies that can demonstrate innovative solutions, offer favourable market rates, and maintain compliance with regulatory standards will be well-positioned to compete. Furthermore, businesses that can provide comprehensive reporting tools and fraud monitoring capabilities are likely to meet the LNER's needs effectively, fostering growth in this evolving market.

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Notice Title

Payment Gateway Solution

Notice Description

The Payment supplier for the LNER Website and App contract is up for renewal. We are looking for an innovative, forward-thinking and agile payment supplier who is able to deliver tier 1 fraud and PCI compliance settlement of all digital payments in a reliable, secure and scalable environment. They must be able to grow and increase volumes as and when our transactions increase either with COVID resolution or further business expansion of the system. Favourable market rates plus an agile approach to development are essential for us to achieve our future customer payments vision. Provider MUST be fully PCI DSS compliant and fully regulated to tier 1 from the outset - compliance must be maintained at all times throughout the contract and will be required to supply comliance evidence on an at least annual basis. Core payment facilitation and future vision: * All major credit and debit cards to include as a minimum: Mastercard, Visa and Amex * PayPal * Apple and Google Pay * Amazon Pay * Buy now, Pay later * Cryptocurrency Fraud screening and monitoring service to provide: * Ability to monitor payments for fraud * Rules Based with learning to reduce fraud * Manual review where necessary * Plus additional functions etc. Reporting: * Ability to access transaction reporting in real time through a web-based portal, including ability to manually void/refund * Availability of a daily API to detail transactions for the previous day, plus access to downloadable reporting

Lot Information

Lot 1

As above. The purpose of this PIN is to commence market engagement and request information to support the building of a business case for this requirement. Additional information: If you are able to provide these services, please could you provide at a minimum the following information: Overview: Company name. A brief overview of the company and the nature of the services that they can offer. Contact details, including location telephone and e-mail address, main point of contact and position in company. Proposed Product: Details of proposed base product including functionality If you believe you have additional services not requested or mentioned above that would meet our requirements and add value to out SPS contract, please respond with an outline of what you would be able to provide and if there are any additional functionality or services you could supply that you believe would be of benefit to our Webb site and App payment solutions."

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028b19
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000963-2021
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20215 years ago
Submission Deadline
Not specified
Future Notice Date
15 Feb 2021Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON NORTH EASTERN RAILWAY LTD.
Contact Name
Anke Tymens
Contact Email
anke.tymens@lner.co.uk
Contact Phone
Not specified

Buyer Location

Locality
YORK
Postcode
YO1 6DH
Post Town
York
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE21 York
Delivery Location
Not specified

Local Authority
York
Electoral Ward
Micklegate
Westminster Constituency
York Central

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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