PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))
British Council · London
Key facts
- Closing date
- 17 Feb 2025
- Contract starts
- 23 Jun 2025
- Contract ends
- 21 Jun 2027
- Procedure
- Open procedure (above threshold)
- Buyer type
- Central government
- Source
- Contracts Finder
Description
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 Africa
All our commercial exam operations in all our countries face a currency mismatch - local currency revenue and GBP costs (primarily Exam Board fees).
This income is collected from customers in a range of payment journeys: - Where the customer is paying while in an online journey - The customer is paying cash in an office or teaching centre - The customer pays electronically but is not in an online journey
British Council is investigating options to engage a specialist payment providers handling the British Council Online Payments across our challenging markets, primarily South-East Asia and Africa. Their service will enable the customer to pay in their local currency for any product and the British Council to receive hard currency in the UK.
Additional information: If you are interested in expressing an interest and/or bidding for this project, please go to https://in-tendhost.co.uk/britishcouncil . You may then have to register your company before you can express an interest for this project and get access the documents.
Is a Recurrent Procurement Type? : No
Categories (CPV)
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