UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - Rev 2
Buyer: British Council
- Published
- 4 February 2025
- Place of performance
- UK
- Lots
- 1
- Notice number
- 003654-2025
- Reference
- ocds-h6vhtk-04db79
- Official source
- Official source
CPV codes
- 66115000International payment transfer services
- 66122000Corporate finance and venture capital services
Description
All our commercial exam operations in all our countries face a currency mismatch – local currency revenue and GBP costs (primarily Exam Board fees). This income is collected from customers in a range of payment journeys:- Where the customer is paying while in an online journey- The customer is paying cash in an office or teaching centre- The customer pays electronically but is not in an online journeyBritish Council is investigating options to engage a specialist payment providers handling the British Council Online Payments across our challenging markets, primarily South-East Asia and Africa. Their service will enable the customer to pay in their local currency for any product and the British Council to receive hard currency in the UK.
Official publications
- FTS · 003654-2025 · 4 February 2025
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- PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - BC/03765
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- Who is the buyer of this tender?
- The contracting authority is British Council (United Kingdom).
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