Global Digital Payment Services

The contract seeks to establish a global digital payment infrastructure capable of facilitating international electronic disbursements to a minimum of 70 countries, ensuring seamless multi-currency processing and strict adherence to global compliance standards. This subcontract under the State Controller’s office in California will enable secure, efficient, and scalable cross-border financial transactions, supporting government and institutional payments with currency flexibility and regulatory alignment across diverse jurisdictions. The system must integrate robust compliance mechanisms to meet anti-money laundering, sanctions screening, and data privacy requirements in each target country. The solicitation is open for responses until September 9, 2026, and is classified under the NAICS code 522299 for other financial investment activities. It will be performed in alignment with California’s operational requirements, though specific performance locations are not defined. Interested parties must submit proposals by the stated deadline through the official procurement portal, with no set-aside provisions or small business preferences indicated. The initiative aims to modernize the state’s disbursement capabilities for international obligations, prioritizing reliability, transparency, and interoperability with global financial networks.