News
The Hanover Green Card, which gives students a declining balance account to use at local restaurants, had a successful Fall term and now serves 14 area businesses.
"The card is doing better than I ever imagined and it's continuing to grow," said Mitch Jacobs '94, founder and owner of the company.
Jacobs founded the card at the beginning of Fall term because he said he felt students would be more willing to spend money at local restaurants than at Dining Services facilities if there was an easy, cashless method.
In the last few weeks, the Hanover Green Card added Foodee's Pizza, Co-op Food Store, Co-op Service Station, Chez Francoise, and Subway to the list of Hanover establishments accepting the card.
Other Hanover establishments accepting the Green Card include EBA's, Videostop, Panda House Delivery and 5 Olde Nugget Alley.
Students with the card put money into an account operated by Hanover Green Card, Inc. The money in this account can then be used at participating restaurants similar to the declining balance system of Dining Services.
To begin using the card, students must pay $235: $75 deposit, an initial declining balance of $150 and a $10 per term fee.
In the first week of Winter term, the Hanover Green Card has accepted more than 50 new student applications.
"The businesses and the students are happy with the service," Jacobs said.