This tender seeks a service provider for a card-based voucher grant disbursement solution, covering implementation, operation, and support for a duration of 12 months. Key requirements include compliance with South African regulations and robust security measures.
The KZN Growth Fund Agency is inviting proposals for a payments platform service provider to implement, operate, and support a card-based voucher grant disbursement solution for a period of twelve months. The selected service provider will be responsible for the end-to-end administration of non-repayable grant disbursements, ensuring a secure digital card system for approved beneficiaries. The solution must include beneficiary management, card generation, supplier claims processing, and comprehensive reporting capabilities, all while adhering to South African regulatory standards.
Key requirements for this tender include a scalable and secure platform that prevents unauthorized transactions, supports bulk beneficiary uploads, and integrates notification services. The service provider will also need to demonstrate experience in similar projects, provide a clear project methodology, and ensure compliance with financial and cybersecurity regulations. This project aims to enhance the efficiency of grant disbursement processes while promoting transparency and accountability in the management of public funds.
This tender is suitable for businesses specializing in payment processing solutions, financial technology, and those with experience in grant administration systems. Companies with a proven track record in secure digital payment platforms and compliance with South African financial regulations are encouraged to apply.
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