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Digital Payment Solution & Disbursement Platform

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Digital Payment Solution and Disbursement Platform is a subcontract opportunity with the New York State Insurance Fund designed to establish a secure digital payment ecosystem for prime contractors. The project focuses on implementing payment gateways, secure APIs, and digital wallets or payment card systems to ensure that unbanked payees have no-fee access to their funds. To maintain security and legal standards, the provider must ensure full PCI-DSS compliance and strict adherence to all applicable state and federal financial regulations. This procurement is categorized under NAICS code 522320 and is managed by the state of New York. Interested parties must note that the response deadline is November 18, 2026. The ultimate goal of the contract is the delivery of a fully operational financial infrastructure capable of managing seamless fund transfers and integrating with existing financial systems.

General Info

NY State Insurance Fund seeks a PCI-DSS compliant digital payment and disbursement platform.

Documents

This scope was carved out of 2140234.

The full solicitation package (3 documents), including the RFP, is on the prime solicitation, not on this scope.

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Digital Payment Services for NYSIF Payees

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Organization & Contact Information

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AgencyNew York → Insurance Fund - NYS
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provides a secure digital payment platform for prime contractors on New York State Insurance Fund (NYSIF) projects. Implements digital wallets or payment card systems to enable no-fee fund access for unbanked payees. Integrates payment gateways and secure APIs with existing financial systems to manage fund transfers. Requires PCI-DSS compliance and adherence to state/federal financial regulations. Delivers a fully operational digital payment ecosystem.

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