AwardedUnited KingdomServices£450,000
Prepaid Card Services
- Published
- Published 7 October 2025
- Deadline
- Closed 31 May 2025
Overview
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.
Key details
- Country
- United Kingdom
- Status
- Awarded
- Category
- Services
- Estimated value
- £450,000
- Procedure
- Selective
- SME suitable
- No
- Published
- 7 October 2025
- Deadline
- Closed
Financial transaction processing and clearing-house services
Award outcome
- Awarded value
- £450,000
- Award date
- 30 May 2025
- Contract period
- 31 May 2025 → 31 May 2029
- Prepaid Financial Services
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Notice history
Every published notice in this contracting process, newest first.
Contract Award Notice
7 October 2025
Contracting authority
Islington Council
BuyerLONDON, United Kingdom
GB-SRS: sid4gov.cabinetoffice.gov.uk/3khd5KJZ
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