Prepaid Card Services
A Contract Award Notice
by ISLINGTON COUNCIL
- Source
- Contracts Finder
- Type
- Contract (Services)
- Duration
- 4 year
- Value
- £450K
- Sector
- BUSINESS
- Published
- 07 Oct 2025
- Delivery
- 01 Jun 2025 to 31 May 2029
- Deadline
- 31 May 2025 11:00
Concepts
Location
Geochart for 1 buyers and 1 suppliers
1 buyer
- Islington Council London
1 supplier
- Prepaid Financial Services London
Description
This contract provides long-term prepaid card services to support Islington Council's operations across Adult Social Care, Children's Services, NRPF, Client Finance, and Education. The service enables secure electronic fund transfers, real-time expenditure monitoring, and reduced manual payment processes, supporting a cashless model and safeguarding vulnerable clients. The contract was awarded via direct call-off from the NEPO505 Payment Solutions framework to Prepaid Financial Services (PFS), the incumbent provider. PFS was selected for their ability to meet all technical and operational requirements, including robust reporting and continuity of service. The contract commenced on 1 June 2025 and runs until 31 May 2029.
Award Detail
1 | Prepaid Financial Services (London)
|
CPV Codes
- 66172000 - Financial transaction processing and clearing-house services
Reference
- 2425-0256
- CF 08df92dd-b087-40c6-9325-37e6bdf01cab