Source: https://tendernation.io/opportunities/01a13d17-e4d4-711b-843f-664250d15c21/payment-initiation-services [Skip to main content](#main-content) awardedGBrestricted procedure # Payment Initiation Services [NS&I](https://tendernation.io/buyers/nsi) Estimated value Not stated Published 24 Sept 2026 Deadline Closed 2 Oct 2025 ## About this tender NS&I has a requirement for the provision of Payment Initiation Services in order to make it easy for our customers to pay NS&I by bank transfer using a secure, simple and efficient process. NS&I Customer research has shown that three key factors influence how customers choose to pay: Security, Ease and Confidence. Payment initiation offers a well-defined journey, with the necessary account details securely transferred using Open Banking technology. This reduces the risk of the customer making an error, and makes it easier for the customer to complete the task than a manually set up bank transfer. For NS&I, Payment Initiation is more cost-effective than debit card. Through the use of Payment Initiation, NS&I aims to reduce our future payment costs. We expect the Supplier to provide Application Programming Interfaces (APIs) to allow NS&I to enable our customers to seamlessly transition from our new mobile app or future website, to the customer's own bank and back to our online service for confirmation. The API should pre-populate the sort code, account number, account name, payment amount and payment reference. At a later date, NS&I may also require the following additional services: - Account Information, including the following services: Fraud Services, Identity Services, Income Verification Services, Affordability Services, Risk Identification Services and Transaction/ Fund Tracing and Monitoring Services. - Confirmation of Payee \*\*Contract awarded via Further Competition under the Government Commercial Agency Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS RM6301.\*\* Additional information: Contract includes one optional 12 month extension period. Read full description ## CPV classification Financial and insurance services Source Contracts Finder (UK) [View official notice ](https://www.contractsfinder.service.gov.uk/notice/23e15d33-8979-4cf5-bd91-6493041cd4ad) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free ](/register) [Buyer profileNS&I: past awards and live tenders](https://tendernation.io/buyers/nsi)[SectorMore Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Insurance Procurement Local Space 28 days left 13 Nov 2026](https://tendernation.io/opportunities/01a14427-99f2-714c-89ff-b2d3a77e9b3d/insurance-procurement)[Property insurance services – Assurance dommages aux biens et risques annexes pour les besoins de l'Office Public de l'Habitat de la Collectivité de Corse - Relance du marché 2026 MS 38 déclaré sans suite. OPH de la Collectivité de Corse 30 days left 16 Nov 2026](https://tendernation.io/opportunities/01a14210-1af8-70e0-a596-618441627913/france-property-insurance-services-assurance-dommages-aux-biens-et-risques-a)[Insurance services – DCE 2026-103-01 - Assurances Dommages aux biens Institut Technologique Fcba 44 days left 30 Nov 2026](https://tendernation.io/opportunities/01a1420f-fd77-715c-8e37-28d3e608ef74/france-insurance-services-dce-2026-103-01-assurances-dommages-aux-biens)[Insurance services – Eigenrisicodragerschap WGA ABG-organisatie 37 days left 23 Nov 2026](https://tendernation.io/opportunities/01a1420f-ffed-70f7-bb52-75984a3590bc/netherlands-insurance-services-eigenrisicodragerschap-wga)[Credit granting services – Udzielenie i obsługa kredytu długoterminowego do łącznej wysokości 8 mln zł. Powiat Tarnowski - Starostwo Powiatowe w Tarnowie 30 days left 16 Nov 2026](https://tendernation.io/opportunities/01a14210-11b5-737a-895b-6547f119cd84/poland-credit-granting-services-udzielenie-i-obsluga-kredytu-dlugoterminoweg)[Financial leasing services – Leasing zwrotny finansowy środków trwałych Miejskie Przedsiębiorstwo Oczyszczania Spółka z o.o. 13 days left 30 Oct 2026](https://tendernation.io/opportunities/01a14210-0bfa-7028-91b2-1e7bd0a06fb2/poland-financial-leasing-services-leasing-zwrotny-finansowy-srodkow-trwalych)