In a makersystem, local makerspaces network together to offer specialized capabilities to a larger community.
We are working hard to make sure MIT students have access to the tools, spaces and information they need to make, create and innovate.
Students can pay for materials and machine time directly through their TechCash account or with a credit card. Students paying through their TechCash account can use MakerBucks earned through MakerLodge Training as well.
MakerBucks may be used to purchase materials, components, and to pay for machine time. MakerBucks may only be spent within MIT makerspaces via the Mobius web app.
Where students can spend their MakerBucks:
MakerBucks are a special pool of TechCash in your account. If you are paying from the Mobius app, your MakerBucks balance will be added to your TechCash balance, and payments will be taken out of your MakerBucks balance before they are taken from your regular TechCash balance.
If you are signed up for TechCash, you can also spend your regular TechCash balance on materials, components, and machine time. Payments work the same as MakerBucks payments, you just select TechCash as your preferred payment method, and submit your payment. The MIT TechCash system will email you a receipt similar to other TechCash payments you make around campus.
You can also use your credit card to pay for materials, components, and machine time in the Mobius web app. Your payment will be processed by CyberSource, MIT’s credit card processing partner vendor. You will receive an email receipt directly from CyberSource. Mobius does not store your credit card information.
When someone pays your shop through Mobius, how funds are transferred depends on the method of payment.
For payments made via the TechCash system (regular TechCash payments, and MakerBucks payments), funds are deposited by the TechCash office into the MIT account associated with your TechCash ID. Your TechCash ID is associated with your shop in the shop settings on your shop admin page.
For payments made by credit card, CyberSource deposits funds into a central MIT Mobius account. Funds are then distributed via internal journal vouchers once a quarter to the MIT account on file for your shop. The MIT account on file for your shop is is associated with your shop on your shop admin page.