Payment Account Comparison (PACS) Tool Data Feed
A Tender Notice
by MONEY AND PENSIONS SERVICE
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 35.5 month
- Value
- £0-£293K
- Sector
- BUSINESS
- Published
- 06 Nov 2024
- Delivery
- To 21 Nov 2027 (est.)
- Deadline
- 06 Dec 2024 17:00
Concepts
- bedford
- banking services
- payment account comparison tool
- payment accounts comparison
- data feed
- payment accounts
- the payment service providers (psp) payment account products
- the payment service providers
- the financial conduct authoritys payment accounts directive
- a web-based payment accounts comparison (pact) tool
Location
United Kingdom:
1 buyer
- Money & Pensions Service Bedford
Description
Contract for the provision of data feed of the Payment Service Providers' (PSP) Payment account products, and to compare a specific and limited list of fees and charges known as the Linked Services list for Payment Account Comparison Tool operated by MaPS.
Total Quantity or Scope
Under the Financial Conduct Authority's Payment Accounts Directive (PAD), the Money and Pensions Service (MaPS) has a statutory duty to provide a web-based Payment Accounts Comparison (PACT) Tool. The aim of PAD is to improve access to payment accounts, increasing competition and making fees and charges more transparent and comparable. As such, MaPS created an operationally independent tool to compare a specific and limited list of fees and charges known as the Linked Services List. The purpose of this procurement is to identify an external provider to supply a data feed of the Payment Service Providers' (PSP) Payment account products, and to compare a specific and limited list of fees and charges known as the Linked Services list. The maintained of the tool is out of scope.
Renewal Options
12 months optional extension period
CPV Codes
- 66110000 - Banking services
- 66500000 - Insurance and pension services
- 98000000 - Other community, social and personal services
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
- ocds-h6vhtk-0470b3
- FTS 035933-2024