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BILLING-1121 - USA (Michigan) - Electronic Payment Card Services - Deadline October 9,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BILLING-1121

Government Authority located in Michigan; USA based organization looking for expert vendor for electronic payment card services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

Vendor needs to provide electronic payment card services for the disbursement of funds for Vendors, Retirement, Income Tax, Lottery Winnings, and UI Benefits including for Direct Deposit in addition to the ePay with this Contract.
- The card must be Visa or MasterCard branded.
- Lottery is seeking a Visa or Mastercard branded prepaid card to load with Lottery prize winnings with a prize value of no more than $10,000 at their regional office claim centres located throughout the State. Lottery may elect to use non-reloadable cards for their program.  The card (although not personalized with the prize winner’s name at the time of issuance) is registered to the cardholder by linking the prize winner’s personal information to the card.
1. Quick access to payments by Payees without mail delivery delay.
2. No check cashing fees for unbanked Payees.
3. Significant savings in the cost of purchasing, securing, accounting for, and maintaining blank check stock.
4. Eliminate the reissuance and stop payments required for checks lost in the mail or stolen.
5. Reduces burden to Treasury and DTMB in the processing of paper checks.
6. Reduces fraud associated with theft or lost checks or cards.
7. Provides business continuity in the event of a disaster.
8. High audit capability to support a high degree of accountability, financial integrity, and reduction of fraud associated with ePay footprints.
- The business objectives of this unit include:
1. Continue to provide Direct Deposit and ePay options for unemployment claimants;
2. Provide flexibility for claimants to access benefit payments;
3. Maintain and improve the timeliness and ease of accessing benefit payments;
4. Reduce fees charged to claimants as they use the ePay;
5. High audit capability as electronic payment transactions leave a specific footprint that supports a high degree of accountability, financial integrity, and reduction of fraud;
6. Have minimal impact on the environment; and
7. Reduce fraud by improving the verification of Cardholder identity
- The Contractor must provide ePay services to Lottery.
- The Lottery requires:
1.  A prepaid Visa or Mastercard branded card to load lottery prize winnings at claim centers located throughout the State;
2. No client or cardholder fees associated with loading the funds or monthly account maintenance;
3. Lottery may elect to use non-reloadable cards.
4. The cardholder to have multiple fee-free transaction types that can be performed to access the funds immediately after they are loaded;
5. The card must be able to be used everywhere the card brand is accepted;
6. Cash can be withdrawn at ATMs, point-of-sale locations where cashback is offered, and at any card brand location for over-the-counter teller cash access; and
7. Configurable load limits assigned per Lottery’s recommendation
- For more information describe in document.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be offsite. Vendor needs to carry work in their office location.

Expiry Date : Friday, 9 October, 2020

Category : Billing Services

Country : USA

State : Michigan

Cost to Download This RFP Document : $ 5

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