Planning

Merchant Payment Processing Services - ICT14059

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Planning

30 May 2022 at 22:06

Summary of the contracting process

Transport for London (TfL) is planning a competitive procurement process for Merchant Payment Processing Services, detailed under tender ID DN615067. This service falls within the financial and insurance sector, with potential contracts anticipated to support domestic and foreign payment streams for transaction processing. Currently in the planning stage, key future notice dates include an engagement scheduled for 2nd December 2022. The procurement method highlights early market engagement aimed at seeking provider feedback, specifically targeting experienced suppliers in merchant acquiring and payment gateway services.

This tender presents significant opportunities for businesses specialising in financial services, particularly those with expertise in payment processing solutions, fraud and risk management, and IT services related to consulting or software development. Companies capable of facilitating card transactions and providing robust security measures will be particularly well-suited to compete for this contract. Engaging with TfL during the early market engagement phase could also enhance visibility and foster relationships for potential future projects.

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Notice Title

Merchant Payment Processing Services - ICT14059

Notice Description

This Prior Information Notice (PIN) is to inform the market that Transport for London is planning to conduct a competitive procurement exercise for the procurement of Merchant Payment Processing Services.

Lot Information

Lot 1

Transport for London (TfL) is considering possible approaches to the procurement of a new Merchant Payment Processing Services contract and is seeking information through this Prior Information Notice (PIN). TfL are seeking to carry out early market engagement and engage with suppliers who have experience both in merchant acquiring and/or payment gateway services to obtain market feedback in relation to the procurement of TfL's merchant acquiring and payment gateway services outlined below. A. Face to Face (F2F, Cardholder Present) and Card Not Present (CNP) Acquiring Services summarised as: * Settlement of funds for a range of payment cards including Visa, MasterCard, Maestro, JCB and Discover. Acquiring for Amex payment cards is an option to be considered as part of the services. * the provision of merchant card acquiring services including acquiring equipment, to facilitate the receipt, transfer and accounting of incoming domestic and foreign payment streams, from the payer, from traditional, new and existing payment cards, to customers to facilitate face to face/cardholder present and cardholder not present transactions; and * the provision of fraud and risk management core services, standard online and mobile card security services and transactional payment risk management. B. Payment Gateway for TfL Oyster Online (OOL) and TfL Oyster & Contactless Mobile Application (TOCMA) summarised as: * the provision of payment gateway services, to facilitate the receipt, transfer and accounting of incoming domestic and foreign payment streams, including e-Commerce online payments, from the payer, from payment cards and from Alternative Payment Methods (APMs), to customers; and * the provision of fraud and risk management core services, standard online and mobile card security services and transactional payment risk management. Additional information: TfL will manage the early market engagement process in an open and transparent manner to maximise thepossible benefits. Attendance or non-attendance at the Direct Supplier Engagement Meeting will not preclude ordisadvantage/advantage any involvement in potential future procurement activity. However, direct or indirect canvassing of any TfL employee or agent concerning this requirement, or anyattempt to procure information from any TfL employee or agent concerning this Prior Information Notice outsideof the formal process described in this document may result in disqualification from consideration for any futureprocurement activity. This Prior Information Notice is issued solely for the purpose of conducting a market engagement exercise anddoes not constitute any commitment by TfL to undertake any public procurement exercise in the future. TfL will not enter into a contract based solely on the responses to this Prior Information Notice and noinformation contained in this document or in any communication made between TfL and any interested partyin connection with this shall be relied upon as constituting a contract, agreement or representation that anycontract shall be offered. TfL is under no obligation to follow up this market engagement exercise in any way or with any interestedparties. TfL is not liable for any costs, fees or expenses incurred by any party participating in this marketengagement exercise. TfL cannot guarantee it will incorporate all or any feedback received into any subsequentprocurement process.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0341c5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015135-2022
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

72 - IT services: consulting, software development, Internet and support


CPV Codes

66000000 - Financial and insurance services

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

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

Notice Dates

Publication Date
30 May 20223 years ago
Submission Deadline
Not specified
Future Notice Date
2 Dec 2022Expired
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
TRANSPORT FOR LONDON
Contact Name
Miss Shantini Doraisingam
Contact Email
shantinidoraisingam@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Further Information

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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