Digital Payments & Associated Data Services

Description

Crown Commercial Service (CCS), as the Authority is intending to put in place a collaborative agreement, designed to deliver a Digital Payments & Associated Data Services framework, accessible to all of the Public Sector. This forthcoming framework which aims to drive Payments and Financial Data innovation, is intended to simplify, accelerate, and enhance access to solutions. It will provide a compliant procurement route to market that delivers value and innovation, moving towards a future where financial data provides actionable intelligence. The procurement of this framework will be let under the new Procurement Act 2023 Regulations and will be designed to cover a broad spectrum of Digital Payments and Associated Data Services, including: ● Digital Payment Management: Handling the processing and administration of both incoming and outgoing digital payments. ● High-Volume Transaction Capabilities: Facilitating the execution of large-scale, bulk payment types ● Enhanced Security and Data Insights: Using financial data to provide operational transparency, minimise processing errors, and effectively reduce fraud.