Award

LU00973 - Payment Portal

LOUGHBOROUGH UNIVERSITY

This public procurement record has 3 releases in its history.

Award

15 Aug 2025 at 11:05

Award

16 May 2025 at 11:05

Award

22 Apr 2025 at 15:05

Summary of the contracting process

Loughborough University, located in Loughborough, United Kingdom, has completed a procurement process for a Payment Portal. The public undertaking falls under the procurement category of services and was executed through a direct award method due to the specialized nature of the payment portal. The contract, awarded to Flywire Payments Limited, commenced on 1st August 2025 and will run until 31st July 2030. This process was finalized with the aim of integrating a student payment portal, an online store, and a platform for merchant integration into the university's existing systems, significantly simplifying the payment processes for students worldwide. The total contract value is £297,000 GBP.

This contract presents opportunities for businesses, particularly those specializing in financial technology and payment systems integration. It highlights the growing demand for tailored and comprehensive payment solutions that ensure seamless integration with existing frameworks. Companies that can offer bespoke services meeting specific educational institution needs, especially those related to international transactions and compliance, would find similar tenders advantageous. The direct award method indicates limited competition due to specialized requirements, suggesting opportunities for businesses that can innovate or enhance their service delivery to cater to complex institutional needs.

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Notice Title

LU00973 - Payment Portal

Notice Description

A payment portal that consists of three main parts which are all heavily integrated with our corporate systems: *a student payment portal *an online store for selling miscellaneous goods and services *a platform for integration with other online merchants To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=973791861

Procurement Information

There are a number of complexities and key features of the services that mean they are both a) specialised (meaning they are only available from one supplier when considering the key characteristics we require), and b) highly integrated into our existing systems (resulting in disproportionate technical difficulties in implementation of services from another supplier (if they exist) due to incompatibility with our systems). The services consist of three main parts which are all heavily integrated with our corporate systems: *a student payment portal *an online store for selling miscellaneous goods and services *a platform for integration with other online merchants The main service is the student payment portal, for which we have a large number of requirements reflecting the complexity of the University's activities. These increase the specialism significantly in comparison to a simple payment acceptance portal (which would be available from a number of sources). The specific requirements that create such specialisation are: *A seamless experience for payers via a single "make a payment" button on our website that all students can use regardless of payment method or where in the world the payment is coming from. *Payers to receive payment options applicable to the location they are paying from, with those paying from locations outside the UK being able to access locally important payment methods, and the ability to pay in their own local currency in as many countries as practically, and legally, possible. *Payments to be routed via different payment acquirer channels (i.e. University or supplier acquired) depending on the type of payment. *Support for payers in their local language, covering time zone appropriate hours, and understanding local requirements. *Students making deposit payments to be able to do so from within our student admissions system *Integration with our admissions, student record and accounting systems *Transactional information and breakdowns to support automated reconciliation and allocation of payments. *Payer information to support the University's AML checks and processes *A single interface that can be used to link with third party payment providers in a way that allows the University to link to these, whilst protecting the University's PCI DSS compliance by preventing its own infrastructure from coming into scope of PCI DSS. The above requirements have been created to resolve the significant confusion around how to pay the University when more fragmented solutions were in place. These resulted in poor payer experience and transparency as well as high fees for those paying the University. The importance of using an integrated service can be readily demonstrated by improvements in compliance with paying via the University's approved methods of payment. We are not aware of any other supplier who can meet all of the above requirements and in the event that such a supplier did exist, the work to transfer between providers would be disproportionate technical difficulties.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0505d8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049093-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66115000 - International payment transfer services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£297,000 £100K-£500K
Contracts Value
£297,000 £100K-£500K

Notice Dates

Publication Date
15 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Apr 202510 months ago
Contract Period
31 Jul 2025 - 31 Jul 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LOUGHBOROUGH UNIVERSITY
Contact Name
Not specified
Contact Email
a.ellis@lboro.ac.uk
Contact Phone
01509 228186

Buyer Location

Locality
LOUGHBOROUGH
Postcode
LE11 3TU
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
Not specified

Local Authority
Charnwood
Electoral Ward
Loughborough Ashby
Westminster Constituency
Loughborough

Supplier Information

Number of Suppliers
1
Supplier Name

FLYWIRE PAYMENTS

Further Information

Notice Documents

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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