Islington Council · Awarded contract

Awarded

Prepaid Card Services for Islington Council's Social Care and Education Operations

Awarded 31 May 2025

View live tenders

Awarded31 May 2025

Value£450,000.00

SupplierPrepaid Financial Services

AgencyIslington Council

RegionLondon

CategoryFinance & Insurance

Expires in 2y 7mo4y term, 36% elapsed

Awarded 31 May 2025Expires 30 May 2029

About

Islington Council awarded a contract to Prepaid Financial Services for long-term prepaid card services supporting operations across Adult Social Care, Children's Services, NRPF, Client Finance, and Education.

The service enables secure electronic fund transfers, real-time expenditure monitoring, and reduced manual payment processes, supporting a cashless model and safeguarding vulnerable clients.

The contract was awarded via direct call-off from the NEPO505 Payment Solutions framework to Prepaid Financial Services, the incumbent provider, selected for their ability to meet all technical and operational requirements, including robust reporting and continuity of service.

The contract commenced on 1 June 2025 and runs until 31 May 2029, with a value of £450,000.

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