Provision of Card Spending Data
Reference ocds-h6vhtk-050a59 · Office for National Statistics
Awarded to VISA Europe Ltd. for £376,310.
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Amounts and figures
Description
The Office for National Statistics (ONS) have been developing card spending data for the public good in partnership with data providers in the payment industry since 2019. The work so far, in conjunction with similar work undertaken by other National Statistical Institutes, has demonstrated the clear potentials of card spending data as new data sources for Official Statistics production as well as for providing granular, timely insights into the national and local economies. In the next phase of our statistical development, ONS are seeking to work collaboratively with a UK data provider with high coverage and data granularity to jointly develop economic and statistical applications for ONS and wider UK Government based on card spending data. We expect working together on a cost-recovery basis, i.e. contract costs being proportionate to the actual costs incurred, in a value-exchange model. For example, when developing new data and insights for ONS' purposes, data scientists from both organisations may work together to solve technical issues that bring additional value to the data provider beyond the partnership. Similarly, the data provider may benefit from ONS publications and stat…
Awards
| Lot | Awarded to | Amount | Date |
|---|---|---|---|
| 1 | VISA Europe Ltd. | £376,310 | — |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 030477-2025 | 6 June 2025 |
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