Online Payments Tenders

The closing date for submitting quotations is 15 May 2026, at 11:00 AM.

The bid notice states that Payment will be made on monthly basis in line with the terms of subscription.

The bid notice states that he contract must be awarded to the tenderer scoring the highest points.

The bid notice states that service providers who fail to comply with all the mandatory criteria will be disqualified.

The payment will be made on a time and cost basis upon successful completion of a deliverable on a portion thereof per agreement.

The evaluation will be done in three stages: functionality, demonstration, and preference points system.

Failure to comply with the mandatory requirements will disqualify the bidder.

There will be a compulsory briefing session for this bid, date: 10 march 2026.

The estimated sales of R65,000,**** sixty-five million rands per month to be processed through the payment gateway.

The bid notice states, Payment shall be made into the contractors bank account normally 30 days after the receipt of an acceptable and valid invoice.

The bid notice states, bidder will be appointed on the highest scores.

The bid notice states, key account manager qualification in financial planning or economic or finance or accounting, banking on nqf 7 or higher level, and five 05 years experience in managing, overseeing, and providing banking services.

The bid notice states, bankseta reserves the right to conduct a due diligence including site visits, capacity, assessment, and financial capability assessment on short listed tender submitters before contracting.

All clarifications or enquiries should to be made in writing and received by the bankseta at least 14 days before closing date of the tender.