One university's off campus program has had little impact on business profits

The off campus program of Washington University, St. Louis, has had little effect on sales, according to the school’s student newspaper. Called Bear Bucks, the program is used off campus at local eateries and, most recently, a yogurt shop. One business owner said that he has not seen an increase in sales since accepting Bear Bucks last...

The off campus program of Washington University, St. Louis, has had little effect on sales, according to the school’s student newspaper. Called Bear Bucks, the program is used off campus at local eateries and, most recently, a yogurt shop. One business owner said that he has not seen an increase in sales since accepting Bear Bucks last November.

Joe Edwards, from local restaurant and music club Blueberry Hill, however, thinks that accepting the card helps maintain good relations with the school and its students. This is despite the fact he has to pay a 7% processing fee versus 2.5% to 4% for credit cards. “I’m willing to pay the extra processing fee for giving students more convenience,” he said.

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