# Merchant Acquiring Services

> A sourced UK public sector contract award published by UNIVERSITY OF YORK.

## Key facts

- Buyer: [UNIVERSITY OF YORK](/buyers/university-of-york/contract-awards)
- Supplier: GPUK LLP
- Award value: £3,300,000
- Tender value: £5,500,000
- Award date: 26 July 2023
- Published: 28 July 2023
- Contract start: 1 August 2023
- Contract end: 31 July 2026
- Stage: awarded
- Procurement category: services
- Notice ID: 325bb6af-83b5-496e-b87e-f3ed027ff689-666881
- OCID: ocds-b5fd17-f8541f84-5c8d-4865-9bab-37d5f5c61d32

## Description

The University of York has direct awarded a contract for merchant acquiring services against the Crown Commercial Services RM6118 framework agreement, Lot 1\. This covers the provision of merchant services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels\. The contract period is for three years initially with an option to extend for 2 further years in annual increments\. The value range indicates the estimated value for the minimum term and the maximum possible term respectively\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/325bb6af-83b5-496e-b87e-f3ed027ff689-666881)