THE TWO SCHEMES

Two new schemes for Northern Territory residents that support eligible pensioners, including aged pension recipients, with the cost of living and recognise the valuable contribution seniors continue to make to the Northern Territory.

 

NT CONCESSION SCHEME

A means-tested scheme supporting eligible Territorians with the cost of living.

NT SENIORS RECOGNITION SCHEME

Recognising the valuable contribution senior Territorians make to the Northern Territory. All senior Territorians 65 years or older, are eligible for this scheme

Prepaid Card information for business

The NT Seniors Recognition Scheme has over 14,000 members and provides an annual payment of $500 to members which can be used towards the cost of travel, electricity and/or water.

The Prepaid Card to be introduced in late 2019 provides members with greater flexibility and choice in how they use their payment.  

Businesses who provide goods and services in the approved Merchant Categories will be able to accept the Prepaid Card. 

The approved Merchant Categories include:

  • Travel Services
  • Accommodation
  • Fuel distributors

The Prepaid Card will be introduced this year to members with unused travel vouchers who can choose to swap to a Prepaid Card. All eligible NT Seniors Recognition Scheme members will receive a Prepaid Card from 1 July 2020. 

How do I know if my Business is registered in an approved Merchant Category?

  1. Check to see which Merchant Category Codes can accept the Prepaid Card
  2. If you are unsure ask your banking provider to confirm the Merchant Category Code that your business is listed against.
  3. If your business is registered in an approved Merchant Category you can request Prepaid Card Information Pack
  4. If your business is not listed in an approved Merchant Category and your business supplies goods and services listed in the approved categories you can apply to be listed as an approved Merchant
    Note: Please contact your bank before applying.  You will need to provide your Merchant Reference, Acquirer ID, Merchant ID, and Terminal ID.

What happens after I complete the listing application form?

Once your application has been received it will be assessed against the Scheme requirements

When will I find out if my business will be listed?

If your application is approved you will be advised by email and provided with a Prepaid Card information kit via post. 

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