Source: https://tendernation.io/opportunities/01a13cfe-2061-718b-8d82-9e9392e2bdd1/prepaid-card-services

awarded GB restricted procedure

# Prepaid Card Services

[Islington Council](https://tendernation.io/buyers/islington-council)

Estimated value

£450,000

Published

7 Oct 2025

Deadline

Closed

31 May 2025

## About this tender

This contract provides long-term prepaid card services to support Islington Council's operations across Adult Social Care, Children's Services, NRPF, Client Finance, and Education. The service enables secure electronic fund transfers, real-time expenditure monitoring, and reduced manual payment processes, supporting a cashless model and safeguarding vulnerable clients.

The contract was awarded via direct call-off from the NEPO505 Payment Solutions framework to Prepaid Financial Services (PFS), the incumbent provider. PFS was selected for their ability to meet all technical and operational requirements, including robust reporting and continuity of service.

The contract commenced on 1 June 2025 and runs until 31 May 2029.

## CPV classification

Financial transaction processing and clearing-house services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/1b4b9291-2dfe-4642-9aad-89132cf9ab5f)

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