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Allpay secures multi-million GBP government contract

Thursday 23 July 2020 09:57 CET | News

UK-based bill payment service provider Allpay has obtained a multi-million GBP contract with the Ministry of Justice to help its shift towards direct debits payments.

The contract for ‘key payment facilitation/collection’ is based on an existing 12-year relationship between the business and the government department. Allpay says it currently collects more than GBP 31 million on behalf of the MoJ. Allpay currently works with several government departments, helping them with the collection and receipt of revenues.

The contract, which is potentially worth close to GBP 2 million, is guaranteed for two years, with a further two-year option. It covers the provision of payment cards, direct debit mandates, and barcoded payment methods, according to AltFi.

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Keywords: Allpay, Ministry of Justice, MoJ, UK, bill payments, direct debits payments, key payment facilitation, collection, receipts, contract, payment cards, direct debit mandates, barcoded payment methods
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: United Kingdom
This article is part of category

Banking & Fintech