Issue details

This report concerns the Merchant Acquiring Service. The merchant acquiring service is critical to receiving income from credit card and debit card payments to the council. The merchant acquiring service is the service that takes the payment instructions given to Brent by its customers and taxpayers, and uses these instructions to obtain the money and transfer this to Brent. This service also provides many of the CHIP and PIN machines used by the council to collect card payments.

This report requests authority to award a contract as required by Contract Standing Order 88. This report summarises the process undertaken in tendering this contract and, following the completion of the evaluation of the tenders, recommends to whom the contract should be awarded.