Tender Details

Country: Albania
Summary: Facilitate the utilization of instant payment infrastructure by the private sector
ALT Ref No: 129016570
Deadline: 13 Nov 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002019137
Purchaser's Detail:
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Description:
TheInternational Finance Corporation (IFC), a member of the World Bank Group,promotes sustainable private sector investment in developing countries toreduce poverty and improve people-s lives. Through its advisory services anddonor-funded programs, IFC fosters financial and social inclusion by creatingenabling environments where financial stability, access to finance, and riskmanagement support private sector investment, capital market development, andequitable growth.TheDFS Project in Europe aims to promote financial inclusion and deepen financialmarkets in the Western Balkans and Eastern Europe by supporting digitalbanking, fintech, and embedded finance (EmFi). The project addresses systemicgaps through legal reforms, infrastructure development, and ecosystemstrengthening.Thistender is designed to complement and align with IBRD-s ongoing technicalassistance in the Western Balkans in modernizing payment systems through legaland regulatory reforms and infrastructure upgrades. The goal is to ensure thatmodern payment systems are adopted and used by private sector financialinstitutions, thereby enhancing domestic and cross-border financial flows,reducing transaction costs, and fostering innovation.Objective of the Assignment IFCseeks to engage a qualified vendor to support two strategic workstreams underthe DFS project, with a strong emphasis on enabling private sector financialinstitutions to adopt and deliver modern payment solutions:1. Support the development of Overlay Services forFast Payment Systems by the private sector2. Support to the public sector in developing theguiding documents for the Instant Payment Systems (IPS scheme rules and overlayservices) in Bosnia and HerzegovinaThetarget countries for this initiative include Albania, Bosnia and Herzegovina, Georgiaand Kosovo.Note: It should be noted that most of the Balkan countries areaiming to implement the ‘TIPS Clone- and this shall be taken into account inprovision of the services. The assignment is also ...
Documents:

Expression_of_Interest_DFS_Europe_IPS.pdf

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Facilitate the utilization of instant payment infrastructure by the private sector - Albania Tender

The WORLD BANK(WB), a Government sector organization in Albania, has announced a new tender for Facilitate the utilization of instant payment infrastructure by the private sector. This tender is published on AlbaniaTenders under ALT Ref No: 129016570 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-11-13.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.