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Merchant Acquiring

London Borough of Southwark · Local authority

In brief

London Borough of Southwark has announced plans to buy financial services work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £2,800,000 excluding VAT.

The contract runs for 25 months, up to 49 months with extensions, starting 2 April 2027.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Typical: a median of 4 bids per contract for this buyer (from 31 awards in the last 12 months).

What the notice says

'PLEASE NOTE THIS IS A PIPELINE NOTICE - NOT LIVE TENDER OPPORTUNITY - TENDER NOTICE TO FOLLOW'. The forthcoming opportunity relates to the provision of Merchant Acquiring Services (facilitates the acceptance of debit and credit card payments by managing transaction authorisation, routing through card schemes, and settlement of funds to the organisation) (Previous pipeline publication was Income and Payment Management Systems, however scope has changed as per the above description)

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Pipeline notice · UK1, notice 048456-2026

About the buyer

London Borough of SouthwarkLast 12 months

Procurements

115

Awards

39

Suppliers it has used most for financial services

All tenders and awards from London Borough of Southwark

Similar open tenders

All open financial services tenders
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  3. CS-People: Group Medical Insurance & Accidental Insurance for Country Based Staff (and their dependents) of British High Commission in India

    Foreign, Commonwealth and Development OfficeLondonFinancial services and insurance

    Open30 days leftExpress interestSuitable for SMEs

    £2.2mestimated
  4. The Provision of Firefighter Pension and Administration and Pensioner Payroll Services

    Cleveland Fire AuthorityNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

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From notice 048456-2026 on Find a Tender, first published 26 May 2026. We last checked for changes on 28 September 2026.