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New Mexico State Purchasing Division·New Mexico

Payment Processing Services

Closes 7/31/2026$2M – $5MRequest for Proposal
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Description

The State of New Mexico is seeking a vendor to provide comprehensive payment‑processing services—including point‑of‑sale terminals, online payment gateway, IVR integration, mobile‑wallet support, and optional kiosk solutions—for its Taxation & Revenue Department and Motor Vehicle Division. The contractor must supply hardware, maintain PCI‑DSS Level 1 compliance, deliver detailed transaction reporting, and support a fee‑based model where all processing costs are borne by the end‑users. The contract is for an initial five‑year term with one optional five‑year extension. • Provide ~335 Ingenico (or equivalent) POS terminals with EMV/NFC, signature capture, and P2PE encryption. • Operate a secure, independently hosted online payment portal and integrate with existing state systems (Tapestry, Five9, GenTax, etc.). • Meet extensive security, reporting, and support requirements, including daily fund‑transfer reporting, 24×7 availability, and rapid outage notification. • Offer optional future‑payment methods (Zelle, PayPal, Venmo, Wise) and kiosk deployments, though these are “desired” rather than mandatory.

Attached files

Contact

John Moya(SPD Buyer)

[email protected]

(505) 479-0637

Key dates

Opened
5/7/2026
Questions due
5/18/2026
Pre-bid meeting
5/18/2026
Closes
7/31/2026
Projected award
8/17/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Technology
NAICS
522320
Solicitation №
60-33300-26-27801

Budget estimate

$2,000,000 – $5,000,000

Because the contract is funded entirely through transaction fees levied on customers, the agency will not pay a fixed price. Assuming an average fee of $1.65 per transaction for MVD and 2.4% for other programs, and projected annual transaction volumes of roughly $10 million, the vendor could generate between $2 million and $5 million over the five‑year base term (roughly $400k‑$1 million per year). Extending the contract to ten years could double that range.

AI estimate from the solicitation

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