Eligible TAC providers can now submit invoices through LanternPay, a digital payment solution. This new platform allows providers to:
• Instantly verify TAC client eligibility when billing for accident-related services
• Submit a digital invoice and know immediately if the payment is approved
• Receive payment for approved invoices the next business day
More than 1000 TAC providers are already on the LanternPay system.
There are no set up or ongoing fees, just a 1.45% fee per transaction (or 73 cents on a $50 invoice), typically cheaper than the cost of printing and mailing paper invoices, with no follow-up administration. This fee does not go to the TAC but is paid by monthly direct debit to LanternPay.
LanternPay is accessible on a desktop, tablet, or smartphone. For providers who choose not to adopt the LanternPay system, the TAC’s paper-based option is still available.
Visit www.lanternpay.com/tac to register and access a list of services eligible for LanternPay invoicing.
Disclaimer: This article was provided by TAC. While every effort has been made to ensure the information is accurate, North Western Melbourne Primary Health Network does not warrant or represent the accuracy, currency and completeness of any information or material included within.