Source: https://tendernation.io/frameworks/RM6301 RM6301 · Dynamic Purchasing System # Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS All central government departments and UK public sector bodies can access open banking related tools and services. Open to join now Suppliers can apply to this dynamic purchasing system at any time while it runs, until 7 Dec 2031. [Get call-off alerts](https://tendernation.io/register) [Official page on gca.gov.uk](https://www.gca.gov.uk/agreements/RM6301) - [1 lot](#lots) - [2 published call-offs open now](#call-offs) - Dec 2031 agreement ends Dec 2023 to Dec 2031 · 36% through ## What is RM6301? RM6301 Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS is a dynamic purchasing system run by the Government Commercial Agency (formerly Crown Commercial Service), in its Financial Services category. It has 1 lot. It runs from 8 December 2023 to 7 December 2031. How to join: New suppliers can apply to join at any time while it runs, until 7 December 2031. We have matched 2 published award notices to RM6301, from 2 buyers. ### Buyers that have used it - [DSIT 1 award](https://tendernation.io/buyers/dsit) - [NS&I 1 award](https://tendernation.io/buyers/nsi) ## About this framework Instead of relying on card payments, open banking services provide citizens and businesses with an alternative method of paying and/or receiving money from the public sector. You will be able to access a range of open banking services including: payment initiation service providers (PISPs): let you pay companies directly from your bank account rather than using your debit or credit card through a third party, such as Visa or Mastercard account information service providers (AISPs): being an authorised AISP means that a company can access an individual’s bank account data from their financial institution with their explicit consent To help you find the services and suppliers to meet your needs you will be able to use the following filters: - Service type - Total contract value - Hosting and delivery capabilities This dynamic purchasing system (DPS) will run for 8 years. ### Why buyers use it - Open banking will reduce customer transaction costs where card payments are the existing and only method of payment - Payments can be made directly from bank account to bank account without the need to repeatedly input details - Existing customers of the Payment Acceptance framework can transition to Open Banking - Includes real time bank account data to confirm payee account details reducing the risk of error payments and minimising losses due to fraud ### Key facts Agreement number RM6301 Type Dynamic Purchasing System Category Financial Services Pillar Corporate Status Live Started 8 Dec 2023 Ends 7 Dec 2031 From the Government Commercial Agency (formerly Crown Commercial Service). Buyer guides, documents and how to buy are on the [official RM6301 page](https://www.gca.gov.uk/agreements/RM6301). ## Lots 1. Lot 1 Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS ## Open call-offs Live notices that mention RM6301. Only suppliers already on the framework can bid for these. - [Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS Government Commercial Agency · £800,000,000 · published 8 Dec 2023 Closes 7 Jan 2032](https://tendernation.io/opportunities/01a13d17-5870-706e-9826-d075fb6d53b4/open-banking-data-digital-payments-confirmation-of-payee-services-dps) - [Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS The Minister for the Cabinet Office acting through Crown Commercial Service · £800,000,000 · published 8 Dec 2023 Closes 7 Jan 2032](https://tendernation.io/opportunities/01a13b9e-c144-717a-a79d-7470ec9c0c33/open-banking-data-digital-payments-confirmation-of-payee-services-dps) Know when this framework reopens TenderNation emails you new tenders that fit, including published call-offs, and shows which frameworks your competitors are on. Free plan available. [All frameworks](https://tendernation.io/frameworks) [Start free](https://tendernation.io/register) 14-day free trial, no card required