Payment Processing – Merchant Acquisition Services

August 16, 2023 Cabinet Member for Finance (Cabinet member) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve a three-year contract with WorldPay (UK) Limited for Merchant Acquisition services, commencing August 1, 2023, at an estimated total cost of £1,131,508, through a Direct Award on the CCS Framework RM6118 Lot 1.

Full council record

Decision

1.   
To approve the proposed contract with WorldPay (UK) Limited for the
provision of Merchant Acquisition services through a Direct Award
on the CCS Framework RM6118 Lot 1 for a 3-year duration commencing
from the 1 August 2023 to 31 July 2026 at an estimated annual cost
of £377,169 and a total cost of £1,131,508 over the
three-year contact term. 

Supporting Documents

EIA Payment Processing Services - Payment Gateway Mercahnt Acquiring.pdf
CMDDR Payment Processing - Merchant Acquisition Services Part I.pdf

Details

OutcomeRecommendations Approved
Decision date16 Aug 2023
Subject to call-inYes