# Merchant Services 2019 - 2024

> A sourced UK public sector contract award published by University of Bristol.

## Key facts

- Buyer: [University of Bristol](/buyers/university-of-bristol/contract-awards)
- Supplier: [Global Payments](/suppliers/global-payments/public-sector-contract-awards)
- Award value: £8,000,000
- Tender value: £6,000,000
- Award date: 5 March 2019
- Published: 12 July 2019
- Contract start: 1 April 2019
- Contract end: 31 March 2026
- Stage: awarded
- Procurement category: services
- Notice ID: 86ed3142-a4ea-4831-ab64-ebd17fb8574b-301119
- OCID: ocds-b5fd17-4175828d-52f8-4495-ab54-aa57b374b279

## Description

Merchant services for processing, authorisation and settlement of debit and credit card transactions\. The University is seeking a provider of merchant services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including: - customer present \(Chip and PIN / contactless payments\), - customer not present \(mail order / telephone order\) and online \(e-commerce\)\. The successful Supplier will be expected to provide a high level availability of the service and add value through an effective support\. Additional information: The values quoted makes allowance for the inclusion all interchange, scheme and processing fees that make up the transaction costs\. The initial contract period will be for 5 years with an option to extend for a maximum of a further 2 years\. The awarded value assumes the option to extend is exercised in full\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/86ed3142-a4ea-4831-ab64-ebd17fb8574b-301119)