PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765

BRITISH COUNCIL

There is 1 contract in this contracting process.

Summary of the contracting process

The British Council, located in Manchester, UK, is planning a procurement process titled "PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765." This tender, categorised under international payment transfer services, aims to find suppliers capable of providing online payment acceptance services, particularly in challenging markets such as South-East Asia and Africa. The procurement process is currently in the planning stage, with a future notice date set for 30th June 2025. The project addresses the issue of currency mismatch faced by the British Council's commercial exam operations, where revenue is generated in local currencies but costs are incurred in GBP.

This tender offers significant opportunities for businesses specialising in international payment solutions and financial services, particularly those experienced in handling complex payment scenarios in diverse and challenging markets. Companies that can provide seamless local currency payment solutions and ensure the transfer of hard currency to the UK are well-suited to compete for this contract. Such services will support the British Council's operations by simplifying payment processes for their customers and ensuring efficient financial management. Businesses with expertise in corporate finance and venture capital services may also find relevant opportunities within this procurement process.

beta This is an AI-generated summary 🚀

How useful is this summary?

Planning

PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765

BRITISH COUNCIL

Contract Timeline

Publication Date

31st January 2025 17:13:15 PM
Contract Summary

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 AfricaIntend Reference: BC/03765
Contract Details

Open Contracting ID

ocds-h6vhtk-04dad4

Publication Source

Find a Tender Service

Procurement Stage

Planning

Procurement Method

N/A

Procurement Method Details

N/A

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

66115000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

BRITISH COUNCIL

Buyer Name

Aung Thein

Buyer Email

aung.thein@britishcouncil.org

Buyer Phone

+44 01619577162

Buyer Address

58 Whitworth Street

Manchester

M1 6BB

United Kingdom

View contract on Find a Tender Service

PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765

BRITISH COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority