UK Government Issues Tender to Integrate Open Banking into Gov.UK Pay

The UK government invites bidders for a £49 million contract to embed open banking technology into the Gov.UK Pay platform, enhancing public sector payment services

Highlights

1. UK government issues a £49 million tender for open banking integration.
2. The initiative aims to enhance the Gov.UK Pay platform.
3. The project will improve payment services for public sector bodies.

Summary

The UK government has issued a tender inviting bidders for a £49 million contract to integrate open banking technology into its Gov.UK Pay payments platform. This initiative aims to enhance the payment services provided by public sector bodies, including government agencies, local authorities, and other public sector organizations.

By embedding open banking technology, the Gov.UK Pay platform will offer more efficient and secure payment options for end users, ultimately improving the overall user experience.