The Road Traffic Management Corporation seeks a service provider to deliver an integrated online payment gateway and point of sale (POS) solution for a period of five years. Key requirements include compliance with financial regulations and robust fraud management systems.
The Road Traffic Management Corporation (RTMC) is inviting bids for the provision of a fully integrated online payment gateway and point of sale (POS) solution. This solution aims to enhance the efficiency of revenue collection for the National Traffic Information System (NaTIS) operations across South Africa. The successful bidder will be responsible for implementing a Merchant Account, Suspense Account, Multi-Creditor Disbursement Engine, and Automated Reconciliation Engine, ensuring compliance with all applicable banking and financial regulations.
The scope of work includes the deployment of PCI DSS Level 1 compliant systems that support both card-present and card-not-present transactions, real-time settlement notifications, and comprehensive fraud detection mechanisms. Additionally, the solution must facilitate automated reconciliation and disbursement to multiple beneficiaries, including provincial departments and other stakeholders. The RTMC emphasizes the importance of high availability and security in the proposed systems, with a requirement for 24/7 support and a dedicated account manager to ensure seamless operations throughout the contract period.
This tender is suitable for businesses specializing in payment processing solutions, financial technology, and those with experience in implementing secure online transaction systems. Companies with proven capabilities in fraud detection and compliance with South African financial regulations are encouraged to apply.