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tender · indexed from Contracts Finder API

Payment Initiation Services

NS&I

Published
24 Sept 2026
Deadline
02 Oct 2025
Coverage
GB
Buyer
NS&I
Notice type
Contract
Reference
25-F-07-278

Awarded to Ecospend Technologies Limited — see their full award history.

Awarded contract | £2,500,000 - £0 | NS&I | Financial and insurance services and Banking and investment services and Banking services and Central bank services and Deposit services and Credit granting services and Micro-credit granting services and Financial leasing services and International payment transfer services and Investment banking services and related services and Mergers and acquisition services and Corporate finance and venture capital services and Brokerage and related securities and commodities services and Security brokerage services and Pension investment services and Commodity brokerage services and Processing and clearing services and Portfolio management services and Pension fund management services and Financial markets administration services and Financial market operational services and Electronic marketplace retailing services and Financial market regulatory services and Trust and custody services and Trust services and Custody services and Financial consultancy, financial transaction processing and clearing-house services and Financial consultancy services and Financial transaction processing and clearing-house services and Foreign exchange services and Loan brokerage services and Insurance and pension services and Insurance services and Life insurance services and Accident and health insurance services and Accident insurance services and Health insurance services and Voluntary health insurance services and Medical insurance services and Legal insurance and all-risk insurance services and Legal expenses insurance services and Contractor's all-risk insurance services and Freight insurance and Insurance services relating to transport and Insurance related to Transport and Motor vehicle insurance services and Marine, aviation and other transport insurance services and Railway insurance services and Aircraft insurance services and Vessel insurance services and Freight insurance services and Damage or loss insurance services and Fire insurance services and Property insurance services and Weather and financial loss insurance services and Weather-related insurance services and Financial loss insurance services and Pecuniary loss insurance services and Liability insurance services and Motor vehicle liability insurance services and Aircraft liability insurance services and Vessel liability insurance services and General liability insurance services and Professional liability insurance services and Credit and surety insurance services and Credit insurance services and Surety insurance services and Risk management insurance services and Insurance brokerage and agency services and Insurance brokerage services and Insurance agency services and Insurance claims adjustment services and Engineering, auxiliary, average, loss, actuarial and salvage insurance services and Oil or gas platforms insurance services and Engineering insurance services and Auxiliary insurance services and Insurance consultancy services and Average adjustment services and Loss adjustment services and Actuarial services and Salvage administration services and Pension services and Individual pension services and Group pension services and Pension fund consultancy services and Pension fund administration services and Treasury services and Reinsurance services and Life reinsurance services and Accident and health reinsurance services

NS&I has a requirement for the provision of Payment Initiation Services in order to make it easy for our customers to pay NS&I by bank transfer using a secure, simple and efficient process.NS&I Customer research has shown that three key factors influence how customers choose to pay: Security, Ease and Confidence. Payment initiation offers a well-defined journey, with the necessary account details securely transferred using Open Banking technology. This reduces the risk of the customer making an error, and makes it easier for the customer to complete the task than a manually set up bank transfer. For NS&I, Payment Initiation is more cost-effective than debit card. Through the use of Payment Initiation, NS&I aims to reduce our future payment costs.We expect the Supplier to provide Application Programming Interfaces (APIs) to allow NS&I to enable our customers to seamlessly transition from our new mobile app or future website, to the customer's own bank and back to our online service for confirmation. The API should pre-populate the sort code, account number, account name, payment amount and payment reference.At a later date, NS&I may also require the following additional services:- Account Information, including the following services: Fraud Services, Identity Services, Income Verification Services, Affordability Services, Risk Identification Services and Transaction/ Fund Tracing and Monitoring Services.- Confirmation of Payee **Contract awarded via Further Competition under the Government Commercial Agency Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS RM6301.** Financial and insurance services, Banking and investment services, Banking services, Credit granting services, Investment banking services and related services, Brokerage and related securities and commodities services, Security brokerage services, Portfolio management services, Financial markets administration services, Financial market operational services, Trust and custody services, Financial consultancy, financial transaction processing and clearing-house services, Insurance and pension services, Insurance services, Accident and health insurance services, Legal insurance and all-risk insurance services, Freight insurance and Insurance services relating to transport, Damage or loss insurance services, Liability insurance services, Credit and surety insurance services, Insurance brokerage and agency services, Engineering, auxiliary, average, loss, actuarial and salvage insurance services, Pension services, Pension fund consultancy services, Reinsurance services Contract start: 2026-08-30T00:00:00+01:00 Contract end: 2030-08-29T00:00:00+01:00

Provenance

Contracts Finder API(official channel)Data quality: Source-backed
Publisher
Contracts Finder API· GB
Source system
Contracts Finder API — Official API or feed
Verification
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Published
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Last seen at source
Indexed by GLODA
Last updated
Record version
4c439ce68898
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BuyerOfficial API or feedData quality: Source-backed100
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Submission deadlineOfficial API or feedData quality: Source-backed100
Contract valueOfficial API or feedData quality: Source-backed100
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Data quality: Source-backed90
Source
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Retrieval
seen · indexed
Record
4c439ce68898 · source id 230c8e3f-6025-4240-b703-9369cbf94425
Computed
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