Surprisingly small contract. It's interesting to see that a full government contract for a payment provider is a fraction of a US mid-size company's cloud bill. I am constantly surprised by things like this. Here's another: there are more foreigners in Taiwan (total pop. 25 m) than in China (total pop. 1.4 b).
Stripe allows for these kinds of payments, we've been updating our store to support Wero etc. It should give better conversation and processing rates than the US credit cards.
Most government processing is prohibited at Stripe that is why it always tends to be small. Too much risk being exposed to more regulatory scrutiny that is not worth it as payments processor.
> “Prohibited Businesses… Government services… Disbursement of government economic support, such as grant” [1]
[1]: https://stripe.com/en-br/legal/restricted-businesses
Got to love the people taking a swipe at the company. They found their market, can't you just be happy for them? They're hardly the only company in the world to only deal with bigger clients.
This site regularly dunks on European tech as being subpar, but when an American company gets ditched for a European one, barely anyone can find nice words to say. You really reveal yourselves in times like this, I've got to admit.
It seems to me like whole Western countries, especially Britain being outside the EU and Eurozone and with its own currency, ought to have at least one big domestically-based option for something this fundamental. It’s an odd thing to have to rely on foreign countries for.
Is there a company that’s basically like “Stripe but British-owned”?
> Adyen will take over GOV.UK Pay card payments for local authorities, police forces and armed forces units from Stripe, as well as pay by bank services, under a three-year contract worth up to £25.3 million.
I would prefer they take this money and either build a payment processor or use an existing UK company. The UK government is addicted to offshoring all contracts it can, and then is surprised when the cheapest possible quote actually ends up ballooning over the agreed amount.
Will it be possible to pay the UK VAT returns with this new payment platform? Paying the UK VAT return with a credit card from Spain does not work because there is an address verification which is not possible because Spain's credit cards do not share customer address information, so we need to use wire transfer instead, which has a higher transaction cost.
>Will it be possible to pay the UK VAT returns with this new payment platform? Paying the UK VAT return with a credit card from Spain .... so we need to use wire transfer instead, which has a higher transaction cost.
I don't follow ?
Don't they have Wise (previously known as Tranferwise) in Spain ? Or a similar platform ?
Its 2026 and for most people the answer is just to use one of those platforms to pay wire transfers instead of your bank.
Sure there will still be fee of some description, but it will almost always be much lower than what your bank charges for international transfers.
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[ 2.6 ms ] story [ 52.1 ms ] threadhttps://www.contractsfinder.service.gov.uk/Notice/182de6c9-d...
https://www.payments.service.gov.uk/roadmap/
https://www.payments.service.gov.uk/performance/
Stripe is really good at making themselves look like a way bigger deal than they are.
More importantly, Adyen doesn't have a messiah-like founder. Patrick is like the second coming of Jesus.
HMRCs digital services in general are pretty good, but refunds not so much.
so the ticketmaster model?
i guess i expected it to be more significant seeing that its the UK gov
Stripe globally will be worried as countries seek to cut out the card payment middle man and do direct bank to bank account payments
This site regularly dunks on European tech as being subpar, but when an American company gets ditched for a European one, barely anyone can find nice words to say. You really reveal yourselves in times like this, I've got to admit.
Is there a company that’s basically like “Stripe but British-owned”?
I would prefer they take this money and either build a payment processor or use an existing UK company. The UK government is addicted to offshoring all contracts it can, and then is surprised when the cheapest possible quote actually ends up ballooning over the agreed amount.
I don't follow ?
Don't they have Wise (previously known as Tranferwise) in Spain ? Or a similar platform ?
Its 2026 and for most people the answer is just to use one of those platforms to pay wire transfers instead of your bank.
Sure there will still be fee of some description, but it will almost always be much lower than what your bank charges for international transfers.