Opportunity
University of Minnesota Ionwave #10003
University of Minnesota RFI for Prepaid Debit Card, Gift Card, and Individual Payment Program Solutions
Posted
March 30, 2026
Respond By
April 30, 2026
Identifier
10003
NAICS
522320
This opportunity involves the University of Minnesota seeking information from vendors about solutions to improve or replace its current methods for making payments to individuals. - Government Buyer: - University of Minnesota (higher education institution) - Products and Services Requested: - Prepaid debit card solutions for payments to individuals and clinical trial participants - Gift card solutions (medium to low dollar, $5 minimum) - Payment solutions for independent contractors, speakers, honorariums, payroll-related payments, athletics per diems, and student account balances - OEMs and Vendors: - No specific OEMs or vendors are named in the notice - Unique or Notable Requirements: - The University is interested in reducing the use of checks and cash advances - Vendors may respond to only the sections relevant to their offerings - The RFI is for information gathering only and does not guarantee a procurement or award
Description
The University of Minnesota is issuing a Request for Information (RFI) to explore solutions and products that can enhance or replace current payment methods to individuals, including prepaid debit cards, gift cards, and other payment options. The RFI covers four main topics: payments to individuals, payments to clinical trial participants, prepaid debit cards, and medium to low dollar gift cards. Vendors are invited to respond only to the sections relevant to their offerings. This RFI is for information gathering only and does not guarantee any award.