Title
ClipperCard Program Facts
- ClipperCard program started July 2005
- Identification card
- On campus meal plan card
- Card to access "ClipperCash" account
- Library card
- Door access card
- All full-time day students have funds added to account each semester
- Currently, over 10,000 carded patrons
- Off-campus merchant program started fall 2006
- Over 461,000 transactions and spent over $3,998,000 at local businesses as of FY18
Title
ClipperCard Merchant Program Benefits
Financial Benefits
- Daily automated ACH payments
- Reduced cash handling expenses
- Increased speed of service vs. "cash" tender transactions
- Debit account payment dependability and security
- Card carried by all students, faculty and staff
- Access to campus debit card funds pool
- Competitive advantage over non-participating merchants
Operation of Benefits
- Historical increase in traffic and sales
- Student and employee payment convenience
- Online access to sales, customer count and other reports
Marketing Benefits
-
New marketing and revenue vehicle
-
No cost advertising and marketing medium
-
Program support and funding by parents
-
New university student and employee merchant visibility
-
Inclusion in ClipperCard reward promotions
-
University website business listing and visibility
-
Card program link to your website
-
Inclusion in card program email blasts
-
Listing on Salem State ClipperCard networking page
Requirements to Participate
- Terminal for processing sales (options to be discussed with ClipperCard staff)
- Photo verification of cardholders
- Signed merchant agreement, to be completed after application is reviewed
- Merchants agree to pay Salem State commission fee equal to 10 percent of the gross ClipperCard purchases
Process of Becoming a Partner
- Salem State administration reviews application
- Feedback is requested from students and the Salem State community in order to determine if there is any interest in the applicant; pending student鈥檚 feedback, location will be contacted to move forward with the process
- Locations will be contacted to have an onsite meeting/technical assessment with business management
- Merchant agreement (contract) is signed by merchant and Salem State
- Merchant orders equipment (more details discussed at onsite meeting)
- Salem State ClipperCard office staff will install equipment at location and on that day new location will go live