Payables Program and Merchant Services

The University of Missouri System is requesting proposals for furnishing and delivering a payables program and merchant services, including payment processing and related commercial payment capabilities.

University of Missouri System


General
Open
27-0012
Sep 25, 2026 12:00 PM
Aug 26, 2026 12:00 AM
3 years base + 3 × 1 year options
Service-Disabled Veteran-Owned Business
Request for Proposal (RFP)
State
Ask AI about this solicitation
Original Solicitation Links
Contact
crgnn7@umsystem.edu
+15738822225
2910 Lemone Industrial Boulevard, Columbia, MO, USA
Description

The University of Missouri System is seeking proposals for the furnishing and delivery of a payables program and merchant services. Respondents may propose merchant services, the payables program, or both, and the University may make one or multiple awards. Merchant services must support card-present and card-not-present transactions, online and e-commerce payments, mobile applications, recurring billing, virtual terminals, payment terminals, P2PE options, turnkey installation, training, support, fraud prevention, PCI DSS compliance, reconciliation, reporting, chargeback management, and integration with current PeopleSoft and future ERP environments. The payables program must support physical and virtual commercial cards, SUA supplier payments, ACH and other electronic payment methods, supplier enrollment, supplier portals, payment optimization, automated reconciliation and reporting, secure data exchange, card controls, fraud and liability protection, and integration with PeopleSoft and future Oracle Fusion or Workday environments. The proposal package is limited to 25 pages, excluding required University forms and specifically requested materials. The solicitation materials also identify security, data protection, financial, reporting, and integration documentation requirements.

Classification Codes
NAICS522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
PSCR710Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Smart Codes
merchant servicespayment processingcommercial card programs
Specifications
Supply & Service
Timeline
Aug 25, 2026-Issue Date
Sep 10, 2026-Questions Due Date
Sep 25, 2026-Proposal Due Date
Oct 9, 2026-Finalist Selections
Oct 19, 2026-Finalist Presentations (optional)
Presentations are scheduled during the week of October 19, 2026; the University may request in-person presentations.
Nov 6, 2026-RFP Decision Announcement
Requirements
Required
Scored
  • Minimum 3 references
  • Client point of contact required for each reference
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