Business Services Industry
Perfecting the payment process: many IHEs are adopting e-billing and e-payment solutions to cut costs and offer students more payment options
University Business, June, 2005 by Alana Klein
DEBIT CARD DELIVERS ONLINE DINING
Garrett Bean, a political science major at Duke University (N.C.) saw an opportunity to make money and provide a valuable service for his peers using the DukeCard and the Blackboard Commerce Suite. Next fall, Bean will launch the Gourmet Dining and Bakery online ordering system, which will allow students to order meals in real time and have those meals delivered from local restaurants via the internet. About four restaurants are expected to participate at this time. "He's promoting an initiative that not only appeals to vendors--it makes that live ordering phone call obsolete--but also greatly benefits students by giving them another avenue to get food," says Jim Wulforst, Duke's director of dining services.
The university itself, however, does not directly benefit from Bean's entrepreneurial endeavor. "We are just a third-party company whose job is to process transactions and advise," Wulforst says. The DukeCard office, after receiving the signed receipt, deducts its percentage from the order and sends the remaining money to Gourmet Dining, which then takes its percentage. The remaining funds get sent to the participating restaurants.
At this point Bean will only allow students to make transactions using their DukeCard, which all undergraduates on campus are required to have. "Perhaps he will expand the program and allow other credit cards too," Wulforst says. "I think his intent is to do programs like this at other colleges. That's probably his next career move."
--AK
Resource Box
Tuition Management Systems www.afford.com
TouchNet www.touchnet.com
Higher One www.higherone.com
Wells Fargo www.wellsfargo.com
InfiNET www.infinet-inc.com Provides billing, payment, and commerce solutions/or higher ed
Sallie Mae www.salliemae.com Education funding provider
Govolution www.govolution.com Service provider of electronic payment solutions
Most Recent Reference Articles
- ARAB EUROPEAN RELATIONS - Dec 22 - Russia Denies Selling Missile System To Iran
- EGYPT - Dec 29 - Opposition Says Mubarak Blessed Israeli Attacks
- ARAB AFFAIRS - Dec 22 - Syria Will Eventually Move To Direct Talks With Israel
- ARAB AFFAIRS - Dec 30 - GCC Denounces Massacre
- ARAB ISRAELI RELATIONS - Israel Issues An Appeal To Palestinians In Gaza
Most Recent Reference Publications
Most Popular Reference Articles
- Credit card debt on college campuses: causes, consequences, and solutions
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- How Tyler Perry rose from homelessness to a $5 million mansion
- Rejoice anyway - Zephaniah 3:14-20, Philippians 4:4-7 - Living by the Word - Column
- Living by the word



