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New York State Insurance Fund

Digital Payment Services for NYSIF Payees

Due
Nov 18, 2026
Budget
$50,000 – $250,000
Estimate
Location
  • Albany, New York, United States
Posted
Oct 26, 2026

SUMMARY


The New York State Insurance Fund (NYSIF) is seeking information on innovative digital payment solutions for workers' compensation payees that do not require a bank account.
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DESCRIPTION


NYSIF is conducting an RFI to identify digital payment solutions that enable workers' compensation payees to receive and access benefit payments quickly, securely, and without fees charged to the payee. The solution should be technology-neutral and complement existing direct deposit and paper check methods. This RFI will not result in a contract award but may inform future procurements.

KEY REQUIREMENTS


  • Must provide digital payment solutions that do not require a bank account
  • Must enable workers' compensation payees to receive and access benefit payments quickly and securely
  • Must provide payment solutions without fees charged to the payee

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TIMELINE


Responses are due November 18th, 2026 by 2:00 p.m. EST.

Issuing Agency


New York State Insurance Fund

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CONTACTS


Primary procurement contact — name, title, email, and phone

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Frequently asked questions


When is the submission deadline?
Submissions are due November 18, 2026.
What is the budget for this RFP?
Settle estimates the budget at $50,000 – $250,000. The issuer has not published an official figure.
Who issued this RFP?
It was issued by New York State Insurance Fund. The work is located in Albany, New York, United States.

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