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This Subcontract opportunity from Virginia was posted on September 2, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Payment Processing & Merchant of Record (MoR) Services

Closed
State & Local

Contract Overview

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This subcontract for the Virginia State Lottery involves providing Payment Processing and Merchant of Record services to support iLottery projects. The selected provider will manage financial transaction processing for player deposits and prize withdrawals, acting as the Merchant of Record to oversee banking arrangements, settlement processes, monthly reconciliations, and the management of chargebacks and fraud losses. The scope of work requires the use of payment gateways and e-wallet infrastructure to ensure secure payment processing and the delivery of detailed financial settlement reports. To qualify for this role, the contractor must maintain PCI Certification and ensure full compliance with Anti-Money Laundering and NACHA regulations. The project is based in Richmond, Virginia, and falls under NAICS code 522390. Interested parties must submit their responses by September 23, 2026.

General Info

Payment processing and Merchant of Record services for Virginia State Lottery iLottery projects.

Place of Performance

Richmond, VA, USA

Set-Aside

NONE

Documents

This scope was carved out of 13179MG.

The full solicitation package (15 documents), including the RFP, is on the prime solicitation, not on this scope.

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Virginia Lottery iLottery System, Services, and Support

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyVirginia State Lottery
ContactsNo contacts available
OfficeN/A
Organization / AgencyVirginia State Lottery
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs financial transaction processing for player deposits and prize withdrawals for prime contractors on Virginia Lottery iLottery projects. Acts as Merchant of Record, managing banking arrangements, settlement processes, monthly reconciliations, and chargeback/fraud loss management. Utilizes payment gateways and e-wallet infrastructure. Requires PCI Certification and compliance with AML and NACHA regulations. Delivers secure payment processing and financial settlement reports.

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Keith Deutsch
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