---
title: "Payment Acquiring Services"
ocid: "ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF NEWHAM"
published: "2024-01-02"
---

# Payment Acquiring Services

Buyer: LONDON BOROUGH OF NEWHAM  
Current stage: Award  
OCID: ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f.json)

## Summary

The London Borough of Newham has recently awarded a contract for Payment Acquiring Services with a value of £1,280,000. The procurement method used was selective, with a procurement method detail of Catalogue purchase. The contract period is from November 1, 2023, to October 31, 2026. The tender was initiated on January 2, 2024, and the tender period ended on February 16, 2023. The buying organisation is LONDON BOROUGH OF NEWHAM, located in London, England, with a postcode of E16 2QU. The industry category is financial transaction processing and clearing-house services.

This contract for Payment Acquiring Services presents a business opportunity for companies specialised in financial transaction processing and clearing-house services. The London Borough of Newham has already awarded the contract to WorldPay (UK) Limited for this project. Businesses looking to provide Face to Face and Card not present (CNP) Card acquiring, Gateway, and alternative payment method (ATM services) are well-suited to compete for such tenders. The contract value of £1,280,000 over a three-year period offers a significant opportunity for growth in the financial services sector.

## Notice

Payment Acquiring Services Face to Face (card holder present) and Card not present (CNP) Card acquiring, Gateway and alternative payment method (ATM services)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9c0b9548-46ad-4b7d-9b1f-9b1ecb9d071e |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Catalogue purchase |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jan 2024 |
| Submission deadline | 16 Feb 2023 |
| Future notice date | Not specified |
| Award date | 25 Oct 2023 |
| Contract period | 1 Nov 2023 - 31 Oct 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,280,000 |
| Lots value | Not specified |
| Awards value | £1,280,000 |
| 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 | LONDON BOROUGH OF NEWHAM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E16 2QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Royal Albert |
| Westminster constituency | West Ham and Beckton |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WORLDPAY (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 2 Jan 2024 at 16:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9c0b9548-46ad-4b7d-9b1f-9b1ecb9d071e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9c0b9548-46ad-4b7d-9b1f-9b1ecb9d071e
  2nd January 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.newham.gov.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-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-289fea91-2b72-47c5-b444-c26644b8524f.json.