Payment Gateway and Fraud Engine

A Tender Notice
by LONDON NORTH EASTERN RAILWAY LTD

Source
Find a Tender
Type
Contract (Services)
Duration
35.5 month
Value
___
Sector
BUSINESS
Published
05 May 2021
Delivery
To 19 May 2024 (est.)
Deadline
04 Jun 2021 14:15

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Payment supplier for the LNER Website and App contract is up for renewal. We are looking for an innovative, forward-thinking and agile payment supplier who is able to deliver tier 1 fraud and PCI compliance settlement of all digital payments in a reliable, secure and scalable environment. They must be able to grow and increase volumes as and when our transactions increase either with COVID resolution or further business expansion of the system. Favourable market rates plus an agile approach to development are essential for us to achieve our future customer payments vision. Provider MUST be fully PCI DSS compliant and fully regulated to tier 1 from the outset - compliance must be maintained at all times throughout the contract and will be required to supply comliance evidence on an at least annual basis. Core payment facilitation and future vision: * All major credit and debit cards to include as a minimum: Mastercard, Visa and Amex * PayPal * Apple and Google Pay * Amazon Pay * Buy now, Pay later * Cryptocurrency Fraud screening and monitoring service to provide: * Ability to monitor payments for fraud * Rules Based with learning to reduce fraud * Manual review where necessary * Plus additional functions etc. Reporting: * Ability to access transaction reporting in real time through a web-based portal, including ability to manually void/refund * Availability of a daily API to detail transactions for the previous day, plus access to downloadable reporting

Lot Division

1 Payment Gateway

Payment Service Provider
2 Fraud Engine

Fraud Engine/Fraud Detection

Renewal Options

Initial contract term of 36 months with option of further two extensions of 12 months each

CPV Codes

  • 66000000 - Financial and insurance services
  • 66172000 - Financial transaction processing and clearing-house services
  • 48170000 - Compliance software package

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains