Opportunity

University of Missouri Ionwave #27-0012

University of Missouri Payables Program and Merchant Services RFP

Posted

August 26, 2026

Respond By

September 25, 2026

Identifier

27-0012

NAICS

522320

The University of Missouri System is seeking proposals for a comprehensive Payables Program and Merchant Services solution. - Government Buyer: - University of Missouri System - UM Procurement Office - OEMs and Vendors: - No specific OEMs or vendors are named; the RFP is open to all qualified commercial providers of payment processing and merchant services. - Products/Services Requested: - Merchant Services for credit card processing across ~250 merchant IDs, supporting over 1.9 million annual transactions - Acceptance methods: card-present, card-not-present, online, e-commerce, mobile, wireless, recurring billing, virtual terminal - Terminal installation, training, support, PCI DSS compliance - Payables Program including commercial card and ePayables platform - Physical and virtual cards, supplier payments, payment optimization - Integration with PeopleSoft and future ERP systems - Supplier portal, fraud and liability protection - Support for Single Use Account (SUA) payments - Reconciliation reporting, payment-method matrices - Unique/Notable Requirements: - Compliance with PCI DSS and SOC 2 Type II standards - Digital accessibility (WCAG 2.2 A and AA) - Data protection and health-related regulatory adherence - Missouri firm preference and cooperative purchasing options for other public entities - Submission of HECVAT and IdP questionnaires, independently audited financial statements, and sample reports - Pricing firm for initial 3-year term, with capped increases for renewal periods - Contract term: 3 years with three 1-year renewal options - Integration with current and future ERP systems

Description

The University of Missouri is requesting proposals for the furnishing and delivery of Payables Program and Merchant Services. Qualified suppliers are invited to submit proposals for the specified items or services. Proposals must be submitted through the University of Missouri System's electronic bidding platform and will be subject to the terms and conditions provided. The solicitation includes detailed instructions, terms, and required attachments for respondents.

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