Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

Buyer
Crown Commercial Service
Value
£800,000,000
Closes
7 January 2032
Where
Liverpool, the North West
Type
Dynamic purchasing system (open to join)

In plain English

The UK government is setting up a long-term agreement (8 years) to buy Open Banking services like digital payments, account information services, and confirmation of payee services. Multiple suppliers can join this agreement and bid on government work throughout its duration.

What the buyer wants

• Provide digital payment services to government bodies • Offer account information services (allowing access to banking data) • Deliver Confirmation of Payee (CoP) services to verify bank account details

Likely requirements

Our reading of the notice. Always check the tender documents.

This contract is designed for fintech companies and financial services providers with banking licences or regulatory authorisation. Most small trades (builders, cleaners, electricians) cannot participate without FCA approval.

How to bid

This is a Dynamic Purchasing System: an open list of approved suppliers. You can apply to join at any time while it runs, and once accepted you can bid for the individual contracts the buyer runs through it.

How dynamic purchasing systems work

More open tenders from Crown Commercial Service

Similar open IT and digital contracts

Check whether your business could win this, free

Get a plain-English bid plan for this tender with the bid coach

More IT and digital contracts in the North West