Merchant Credit Card Acceptance and Electronic Funds Transfer Services

The Vendor is required to provide for Merchant Credit Card Acceptance and Electronic Funds Transfer (EFT) Services is set to expire within the next year.
- Objective: 
•    Obtain feedback on current industry standards, best practices, and emerging trends
•    Identify modern capabilities and technologies for inclusion in the work
•    Understand vendor perspectives on service delivery models and contracting approaches
- Digital wallets and emerging methods
o    List all supported digital wallets and describe your roadmap for supporting emerging methods like FedNow or Pay-by-Bank (A2A) payments.
- Systems, Integration & Technology
•    Gateway options
•    Point of Sale (POS) vs third-party processors
o    Explain your solution’s ability to integrate hardware POS devices directly without Enterprise Resource Planning (ERP)/Accounting systems versus using a detached 3rd party processor.
o    Front and back-end integration
•    ERP integration and certifications
o    Required certifications and compatibility
- Please provide feedback on current industry trends regarding the integration of Privacy-Enhancing Technologies PETs, such as Homomorphic Encryption or Zero Knowledge Proofs that allow for transaction verification while preventing the processor from ever accessing or storing the underlying personal identifiers of the citizen.
- Research indicates that traditional "notice and choice" models (dense privacy policies) are often ineffective because they place a heavy "privacy work" burden on the citizen.