Payment Processing Request for Information

The State of Montana’s Department of Administration is conducting a market‑research Request for Information (RFI) to gather capabilities from payment‑processing and financial‑management solution providers. The goal is to inform a future Request for Proposals that will replace the existing payment‑processing contract (expiring 31 Dec 2026) with a system that supports transaction‑based billing, automated reconciliation, and robust reporting. Respondents must describe their technology, integration options, security/compliance posture, and provide references. No price is requested at this stage; the RFI will shape the forthcoming solicitation. • Scope: Payment acceptance (ACH, cards, checks, digital wallets), fee‑management, multi‑entity billing, three‑way reconciliation, real‑time dashboards, and API‑based integration with state ERP/financial systems. • Requirements: Automation to reduce manual reconciliation effort to ≤ 4 hours/week, PCI‑DSS/ SOC 2 compliance, SSO (SAML/OpenID), and support for large transaction volumes (~960 k annually, $262 M in card payments). • Submission: Complete response, include company overview, contacts, three public‑sector references, and upload via the Jaggaer portal by 29 May 2026, 2:00 PM MDT.