# Payment Initiation Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [NS&I](/buyers/ns-i/contract-awards)
- Contract winner: Ecospend Technologies Ltd
- Award value: £0
- Award date: 14 August 2024
- Published: 2 September 2024
- Contract start: 30 August 2024
- Contract end: 29 August 2025
- Stage: awarded
- Procurement category: services
- Notice ID: 4f983f0f-f9f1-43e4-bde1-472e54d6d52b-782096
- OCID: ocds-b5fd17-b1a36272-8fcc-4e3a-8df8-5d196b57756c

## Description

NS&I has a requirement for the provision and maintenance of Payment Initiation Services in order to allow NS&I's customers to pay NS&I by bank transfer using a secure, simple and efficient process\. Contract awarded for a period of 12 months, with an optional 12 month extension option\.

## Related contract awards

- [IT Health Checks](/contracts/ocds-b5fd17-50f29dc6-6600-4fbd-ba08-7404105b8651): NS&I
- [IS & Security Assurance Subscriptions](/contracts/ocds-b5fd17-c925f6eb-1271-4ee4-a3ed-d870b517ccd7): NS&I
- [Chief Executive Officer recruitment campaign](/contracts/ocds-b5fd17-a5fbc104-5b65-44a2-8486-51ffe860dc72): NS&I
- [Open Banking Services](/contracts/ocds-b5fd17-af3232dc-cd88-420b-b060-7f38dadcfa8b): H M Revenue & Customs
- [UC Open Banking Proof of Concept](/contracts/ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f): Department for Work and Pensions
- [Payment Initiation and Account Information Services](/contracts/ocds-b5fd17-61de76b3-f180-4af7-8351-ad41cfd54a51): H M Revenue & Customs

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/4f983f0f-f9f1-43e4-bde1-472e54d6d52b-782096)