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
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