Payment Processing Vendor

The Rhode Island Housing and Mortgage Finance Corporation (RIHousing) is seeking proposals from qualified firms to provide comprehensive payment processing services. The scope includes handling transactions through multiple channels such as Interactive Voice Response (IVR), ACH transfers on a monthly and bi-weekly basis, and pinless debit card payments. Additionally, the selected vendor should be capable of sending email and text message notifications on behalf of RIHousing to facilitate communication and transaction alerts. The contract is valued between $500,000 and $2,000,000 and is open to organizations classified under NAICS code 522390, which pertains to other activities related to financial services. Proposals must be submitted via email to Anthony Impagliazzo, Assistant Director of Loan Servicing, by March 21, 2025. The submission process is managed through the official Rhode Island purchasing portal, with further details available at the provided link. The contract aims to enhance RIHousing’s payment processing capabilities, ensuring secure, efficient, and multi-channel transaction handling to support its financial operations and customer communication needs within Rhode Island.