Anbudsoversikt for Payment Solution For Marketplaces

Vy Group is now initiating a procurement process for processing and settling payments (incl. settlement to third parties / TSPs) for the digital channels (ECOM and APP). The intention of the payment solution is that the consumer shall be able to pay for the multi-modal journeys in a single step and with their preferred payment method, while Vy Group at the same time is excluded from handling and managing third-party funds, over and above providing the required settlement instructions and facilitating any required know your customer (KYC) and anti-money laundering (AML) process when onboarding new third parties and TSPs to the solution. The tender includes three services: 1. Payment Service Provider 2. Acquiring Bank 3. Settlement Facilitator The services collectively can best be described as a payment solution for marketplaces and / or a payment solution with split payment functionality. A detailed description can be found in Appendix A - Scope of Work