Empowering Indian businesses in the procurement ecosystem since 2012
| Tender ID | 4886210 |
|---|---|
| Organisation Name | Indian Oil Corporation Limited |
| Tender Brief | Corrigendum : Appointment Of Service Providers For Implementation Of Ioc Pay Payment Management Solution (ippms) |
| Last Date For Submission | 3rd Aug, 2026 |
| Opening Date | 04 Aug, 2026 |
| Document Cost | 0.00 |
|---|---|
| EMD | 0.00 |
| Estimated Cost | 0.00 |
| City | Mumbai |
|---|---|
| State | Maharashtra |
| # | Item | Qty | Units |
|---|---|---|---|
| 1 | implementation of IOC Pay Payment Management Solution (IPPMS) | ||
| 2 | PACKAGE (1) -Channel Access Fee Quote for Fuel Business Transactions (Credit Card, Credit Card on UPI and Debit Card excluding RuPay Debit Card) under IOC Pay Payment Management Solution (IPPMS) Quantity information: Indicative annual Fuel Business transaction value at IOCL retail outlets for the first year of contract for Credit Cards, CC on UPI and Debit Cards (Non- RuPay) is Rs. 45079 Cr (These numbers are approximate and on basis of transaction currently happening over existing ITPS system with distribution of Credit Card Rs.27414 Cr, Debit Cards-Rs.5665 Cr. excluding RuPay Debit cards CC on UPI 12000 Cr). For second to fifth year quantities, refer tender document | 450,790,000,000 | BPS |
| 3 | Package (2) - CAF quote for Non- Fuel Business transactions (Credit Card, Credit Card on UPI and Debit Card excluding RuPay Debit Card)under IOC Pay Payment Management Solution (IPPMS) Quantity information:Indicative yearly transactions for non-fuel business for the first year on credit/debit card is Rs.72 Cr per month (Credit Card / CC on UPI Rs.64 Cr, Debit Card Rs.8 Cr excluding RuPay) For second to fifth year quantities, refer tender document | 720,000,000 | BPS |
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