Ordo accepted onto the Crown Commercial Service Open Banking DPS


Ordo, the trading name of The Smart Request Company, a leading Open Banking provider, is thrilled to announce its acceptance onto the Crown Commercial Services' (CCS) newly launched Open Banking Dynamic Purchasing System (DPS).

Being one of the first Fintechs accepted, Ordo’s turnkey solutions, including VRP (Variable Recurring Payments) are now immediately available for deployment by all government departments and public sector bodies across the UK.

Building on success, delivering value:

Ordo’s inclusion as a Crown Commercial Service (CCS) supplier builds on success in the public sector. With local councils being under increasing pressure to do more with less, there is real demand for instant and lower cost Open Banking services.

Crown Commercial Service (CCS) supports the public sector to achieve maximum commercial value when procuring common goods and services.

In 2021/22, CCS helped the public sector to achieve commercial benefits equal to £2.8 billion - supporting world-class public services that offer best value for taxpayers.

Secure and efficient payments tailored to the Public Sector:

Ordo’s fully managed Open Banking services offer a secure and efficient alternative to traditional payment methods for public sector organisations, helping to save taxpayers’ money and ease administrative burdens. With Ordo’s public sector Open Banking offering, central and local government can reduce reliance on costly card payments, which often come with hefty transaction fees, and reap considerable cost savings of 80% or more, boosting both financial and operational efficiency.

Through instant account-to-account transfers (A2A), public sector organisations can expedite payment processes, with immediate payment receipt and enhanced reconciliation, leading to smoother, more transparent funds management and improved operational efficiencies.

This comprehensive suite of digital payment services is white labelled and can be seamlessly integrated through a single API. Its user-friendly design ensures that public sector organisations can begin using it immediately. Whether it’s for single or recurring payments, Ordo’s single API services are easy to integrate, enabling public sector organisations to initiate operations smoothly and begin saving funds from day one.

Craig Tillotson, CEO of Ordo said: " We are delighted to be recognised by CCS as a trusted provider of Open Banking solutions for the public sector. Given our leading position in the development of open banking powered Variable Recurring Payment (VRP) services, and UK regulators’ drive to open up these consumer-friendly and cost-effective services to government bodies this year, the timing couldn’t be better for everyone. We are excited to be collaborating with public sector bodies to help them unlock the full potential of the very latest Open Banking services to meet the needs of citizens as consumers as well as taxpayers.”

This listing ensures open access to Ordo’s rich payments knowledge and public sector experience to all public sector departments and organisations. With the potential for growing demand for Open Banking solutions from government, Ordo is uniquely positioned to meet their needs and support their digital transformation journey.


By on Mon, 26 Feb 2024 10:45:00 GMT
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