Closed tender

PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))

Details

Topic
International payment transfer services
Published
31 January 2025
Submission
17 February 2025

Tender 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. PIN (Prior Information Notice): https://www.find-tender.service.gov.uk/Notice/003654-2025? 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

Timeline

  1. Completed: Tender published31 January 2025
    Current notice
  2. Completed: Submission date17 February 2025

About the buyer

British Council is a UK charity that buys as a central government non-departmental public body sponsored by the Foreign, Commonwealth and Development Office. Cultural relations, English teaching and exams are delivered in more than 200 countries and territories. Tenders run through the In-Tend e-tendering portal, where suppliers register online, view opportunities, express interest and submit bids. Specialist frameworks, including the DICE framework for creative economy services, sit alongside individual tender competitions. Income beyond the FCDO grant comes from teaching, exams and commercial contracts. Purchase orders and standard terms and conditions govern contracts once awarded.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of British Council's contract awards have been in business services, IT services and hotel, catering and retail.

Relevant CPV codes

  • 66115000 · International payment transfer services
  • 66170000 · Financial consultancy, financial transaction processing and clearing-house services

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Decision makers

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