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CALL FOR PROPOSALS

15/ 04/ 2025
  In-depth analysis of challenges for the financial system in Ukraine on its way to a cashless economy  Attention! The deadline for submitting applications has been extended to April 30, 2025. Project Title: «Ensuring Sustainability and Resilience of the Cashless Economy in Ukraine in the process of European integration»  The European Business Association (EBA) is seeking proposals from qualified consultants to conduct a comprehensive analysis of the challenges facing Ukraine`s financial system in its transition to a cashless economy, with a specific focus on regulatory harmonisation in the context of EU integration.  Type of Contract: Fixed-price incentive fee contract  Location: Ukraine  Languages Required: English, Ukrainian  Application Deadline: April 30, 2025  Expected Start Date: May 1, 2025  Duration: Up to 60 workdays  Project Background  The European Business Association (EBA) Electronic Payments Committee (EPC) focuses on popularising and expanding non-cash payment methods in Ukraine.  With Ukraine officially commencing EU accession negotiations in July 2024, there is an urgent need to analyse the potential impacts of the implementation of EU regulations on Ukraines financial system and its journey toward a cashless economy.  Scope of Work  The successful consultant will be required to:  Conduct a comprehensive analysis of the current state of payments in Ukraine Analyse upcoming and potential regulatory updates in payment services Review international practices in EU member states and candidate countries Assess the impact of setting IRF fees at EU levels before Ukraine joins the EU  Conduct an MSME survey on merchants perception of cashless payments  Develop initial recommendations to ensure the sustainability of the cashless economy  Produce a final comprehensive report with actionable insights  Key Deliverables  Draft Analysis and Initial Recommendations (Due: May 25, 2025)  Final Report in Word/PDF format with infographics (Due: July 1, 2025)  Detailed Terms of Reference is available via the Link: https://eba.com.ua/wp-content/uploads/2025/04/Terms-of-Reference_final.pdf  Required Qualifications to the expert(s)  Advanced degree (Master`s or equivalent) in Finance, Banking, Business Administration, or related field  Minimum 5 years of experience in business analyses, market regulation analyses, or similar fields  Strong technical background and understanding of the cashless payment sector in Ukraine  Experience or clear understanding of the existing payment system in Ukraine  Strong understanding of political sensitivity  Proven facilitation skills and ability to remain a neutral party  Demonstrated ability to deliver projects on time  Prior experience with similar assignments comparing regulatory environments  Experience producing high-quality analytical documents  Experience using research results for public communication  Excellent communication and facilitation skills  Fluency in Ukrainian and English (written and oral)  Submission Requirements  Interested applicants should submit:  Letter of Confirmation of Interest and Availability  Company Profile with relevant past experiences and at least three professional references  Brief description of suitability for the assignment and proposed methodology  Sample/reference in English of previous written work of relevance  Technical proposal with description of approach and work plan  Financial Proposal indicating all-inclusive fixed total contract price with cost breakdown  Selection Criteria  Proposals will be evaluated using a combined scoring method:  Qualifications and methodology (70%)   o Educational background (20 points)  o Relevant experience (50 points)  o Technical proposal/approach/work plan (30 points)  Price offer (30%)  Submission Instructions  Please submit your complete proposal package to [email protected] with the subject line «Proposal: Cashless Economy Analysis - [YOUR NAME/COMPANY]» by the EOD on April 30, 2025.  For inquiries, please contact Victoria Burdeina, the EBA Committees Manager, via e-mail: [email protected] or mobile phone: +380673441494.  The European Business Association values diversity and encourages applications from qualified individuals regardless of gender, race, disability, age, religious belief, or sexual orientation. 

In-depth analysis of challenges for the financial system in Ukraine on its way to a cashless economy 

Attention! The deadline for submitting applications has been extended to April 30, 2025.

Project Title: «Ensuring Sustainability and Resilience of the Cashless Economy in Ukraine in the process of European integration» 

The European Business Association (EBA) is seeking proposals from qualified consultants to conduct a comprehensive analysis of the challenges facing Ukraine`s financial system in its transition to a cashless economy, with a specific focus on regulatory harmonisation in the context of EU integration. 

Type of Contract: Fixed-price incentive fee contract 
Location: Ukraine 
Languages Required: English, Ukrainian 
Application Deadline: April 30, 2025 
Expected Start Date: May 1, 2025 
Duration: Up to 60 workdays 

Project Background 

The European Business Association (EBA) Electronic Payments Committee (EPC) focuses on popularising and expanding non-cash payment methods in Ukraine. 

With Ukraine officially commencing EU accession negotiations in July 2024, there is an urgent need to analyse the potential impacts of the implementation of EU regulations on Ukraine’s financial system and its journey toward a cashless economy. 

Scope of Work 

The successful consultant will be required to: 

  1. Conduct a comprehensive analysis of the current state of payments in Ukraine
  2. Analyse upcoming and potential regulatory updates in payment services
  3. Review international practices in EU member states and candidate countries
  4. Assess the impact of setting IRF fees at EU levels before Ukraine joins the EU 
  5. Conduct an MSME survey on merchants’ perception of cashless payments 
  6. Develop initial recommendations to ensure the sustainability of the cashless economy 
  7. Produce a final comprehensive report with actionable insights 

Key Deliverables 

  1. Draft Analysis and Initial Recommendations (Due: May 25, 2025) 
  2. Final Report in Word/PDF format with infographics (Due: July 1, 2025) 

Detailed Terms of Reference is available via the Link: https://eba.com.ua/wp-content/uploads/2025/04/Terms-of-Reference_final.pdf 

Required Qualifications to the expert(s) 

  • Advanced degree (Master`s or equivalent) in Finance, Banking, Business Administration, or related field 
  • Minimum 5 years of experience in business analyses, market regulation analyses, or similar fields 
  • Strong technical background and understanding of the cashless payment sector in Ukraine 
  • Experience or clear understanding of the existing payment system in Ukraine 
  • Strong understanding of political sensitivity 
  • Proven facilitation skills and ability to remain a neutral party 
  • Demonstrated ability to deliver projects on time 
  • Prior experience with similar assignments comparing regulatory environments 
  • Experience producing high-quality analytical documents 
  • Experience using research results for public communication 
  • Excellent communication and facilitation skills 
  • Fluency in Ukrainian and English (written and oral) 

Submission Requirements 

Interested applicants should submit: 

  1. Letter of Confirmation of Interest and Availability 
  2. Company Profile with relevant past experiences and at least three professional references 
  3. Brief description of suitability for the assignment and proposed methodology 
  4. Sample/reference in English of previous written work of relevance 
  5. Technical proposal with description of approach and work plan 
  6. Financial Proposal indicating all-inclusive fixed total contract price with cost breakdown 

Selection Criteria 

Proposals will be evaluated using a combined scoring method: 

  • Qualifications and methodology (70%)  

o Educational background (20 points) 

o Relevant experience (50 points) 

o Technical proposal/approach/work plan (30 points) 

  • Price offer (30%) 

Submission Instructions 

Please submit your complete proposal package to [email protected] with the subject line «Proposal: Cashless Economy Analysis – [YOUR NAME/COMPANY]» by the EOD on April 30, 2025. 

For inquiries, please contact Victoria Burdeina, the EBA Committees Manager, via e-mail: [email protected] or mobile phone: +380673441494. 

The European Business Association values diversity and encourages applications from qualified individuals regardless of gender, race, disability, age, religious belief, or sexual orientation. 

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