Credit Card Processing Services
ID: RFP-107-RFP255X901042-2
• State: Ohio
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Description
Background
The City of Cincinnati, Ohio, is issuing this Request for Proposals (RFP) for Credit Card Processing Services to enhance payment options for various operating departments and non-city agencies.
The Finance Department – Treasury is the requesting agency, aiming to improve operational efficiencies and cash management practices while responding to public demand for expanded payment options. The City currently processes a significant volume of credit card transactions across multiple departments, indicating a need for efficient merchant card processing services.
Work Details
The selected vendor will provide comprehensive credit card processing services that include:
1) Enabling City departments to accept credit/debit card payments and e-checks via terminal transactions.
2) Facilitating online transactions from credit/debit cards, e-check payments, and digital wallets (e.g., Apple Pay, Google Pay).
3) Implementing measures to reduce interchange fees through efficient processing.
The vendor must ensure PCI compliance and provide secure transaction processing without storing customer information on the City's network. Specific requirements include:
a) A citywide system for point of sale, phone, mail transactions (card not present), online acceptance, and e-checks;
b) Electronic processing of transactions on the vendor's secured network;
c) API capabilities for integration with existing City software;
d) Prompt fund transfers to the City's designated accounts;
e) Training for City staff; and
f) Ongoing technical support.
Period of Performance
The contract will commence upon signing and is set for an initial term of two years with an option to renew for three additional one-year periods, totaling a maximum contract duration of five years.
Equipment delivery and associated services are expected to be completed within ninety days of contract signing.
Place of Performance
The services will be performed in Cincinnati, Ohio, specifically supporting various City departments that utilize credit card payment systems.
The City of Cincinnati, Ohio, is issuing this Request for Proposals (RFP) for Credit Card Processing Services to enhance payment options for various operating departments and non-city agencies.
The Finance Department – Treasury is the requesting agency, aiming to improve operational efficiencies and cash management practices while responding to public demand for expanded payment options. The City currently processes a significant volume of credit card transactions across multiple departments, indicating a need for efficient merchant card processing services.
Work Details
The selected vendor will provide comprehensive credit card processing services that include:
1) Enabling City departments to accept credit/debit card payments and e-checks via terminal transactions.
2) Facilitating online transactions from credit/debit cards, e-check payments, and digital wallets (e.g., Apple Pay, Google Pay).
3) Implementing measures to reduce interchange fees through efficient processing.
The vendor must ensure PCI compliance and provide secure transaction processing without storing customer information on the City's network. Specific requirements include:
a) A citywide system for point of sale, phone, mail transactions (card not present), online acceptance, and e-checks;
b) Electronic processing of transactions on the vendor's secured network;
c) API capabilities for integration with existing City software;
d) Prompt fund transfers to the City's designated accounts;
e) Training for City staff; and
f) Ongoing technical support.
Period of Performance
The contract will commence upon signing and is set for an initial term of two years with an option to renew for three additional one-year periods, totaling a maximum contract duration of five years.
Equipment delivery and associated services are expected to be completed within ninety days of contract signing.
Place of Performance
The services will be performed in Cincinnati, Ohio, specifically supporting various City departments that utilize credit card payment systems.
Overview
Agency
Opportunity Type
Request for Proposals (RFP)
Opportunity ID
RFP-107-RFP255X901042-2
Response Deadline
Feb. 14, 2025
Past Due
Date Posted
Jan. 29, 2025
Source
Source Notes
Source does not have a linkable page for this opportunity. To find the opportunity, go to the Source website listed above and search for the Opportunity ID.
Est. Value Range
Experimental
$500,000 - $2,000,000
(AI estimate)
Agency Distribution
High
On 1/29/25 Procurement in Ohio issued Request for Proposals (RFP) Credit Card Processing Services with ID RFP-107-RFP255X901042-2 due 2/13/25.
Contacts
Documents
Posted documents for Credit Card Processing Services
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