---
title: "Payment Processing Agent"
ocid: "ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF DERBY"
published: "2022-03-25"
---

# Payment Processing Agent

Buyer: UNIVERSITY OF DERBY  
Current stage: Award  
OCID: ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57

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## Summary

The University of Derby has completed the procurement process for a contract titled "Payment Processing Agent," aimed at securing merchant payment gateway services for financial card transactions. This contract falls under the category of financial transaction processing and clearing-house services and is located in the East Midlands, United Kingdom. The award notice for this tender was published on 25 March 2022, and it was awarded on 7 March 2022, with a contract period from 1 April 2022 to 31 March 2025. The value of the contract is £174,000, procured through a VEAT Notice method.

This tender presents growth opportunities particularly for small and medium-sized enterprises (SMEs) that specialise in advanced payment processing solutions. The requirements emphasise high levels of integration, automation, and flexibility, indicating a demand for innovative technology providers. Businesses that can deliver comprehensive recurring payment capabilities without reliance on third-party services will be well-suited to compete for similar procurement openings in the future.

## Notice

This is an Award Notice for the provision of merchant payment gateway services to process financial card transactions. It is mandatory to provide a high level of integration, automation, flexibility, self -service and DCC capabilities for Recurring card payment. There must not be any limitations around frequency or fixing timing of payments. An automatic retry of failed payments is required. There shall be no reliance on third party solutions to collect and facilitate payments and no reliance on manual interventions to "manage" payment, changes in payment details and amounts and failures. Additional information: There is no other provider that provides the same functionality and integration for Recurring Card Payments (RCP) in the sector. Potentially comparable solutions lack the same level of integration, automation, flexibility, self-service and DCC capabilities. To contact with a new provider will take two years to implement and will be at significant cost. It has been agreed that a tender process taking this into consideration will commence next year.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/60e47eaf-f29a-4cce-a419-9cc19966c3a4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - VEAT Notice |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Mar 2022 |
| Submission deadline | 1 Mar 2022 |
| Future notice date | Not specified |
| Award date | 7 Mar 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £174,000 |
| Lots value | Not specified |
| Awards value | £174,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF DERBY |
| Locality | DERBY |
| Post town | Derby |
| Postcode | DE22 1GB |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF11 Derby |
| Local authority | Derby |
| Electoral ward | Allestree |
| Westminster constituency | Mid Derbyshire |
| Delivery location | TLF East Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WPM EDUCATION |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 25 Mar 2022 at 16:20 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/60e47eaf-f29a-4cce-a419-9cc19966c3a4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/60e47eaf-f29a-4cce-a419-9cc19966c3a4
  25th March 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.derby.ac.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-19449c70-04d2-4708-aaab-37a6ff821a57.json.