The MIT Office of the Vice President for Finance (VPF) offers online credit card payment processing allowing student groups to sell items (tickets, conference registration, etc.) through the MIT Cybersource system. Customers will be able to pay for tickets, conference fees, etc., directly on a secure website for your group.
Student groups need to:
- Complete Merchant Account Business Plan/Application
- Submit final transaction report to SAO as determined by your registration.
Setup time for this process may be approximately 2 months before service is activated, please plan accordingly. Groups who have previously registered in the past for e-commerce need only to re-register with SAO and setup time is approximately 1 month or less.
If your group is interested in maintaining your own e-commerce web page for ongoing transactions the setup is the same. There is a one-time fee associated with establishing this service, and regular transaction reports will be mandatory along with annual renewal with SAO by the new treasurer and president of your group.
All refunds or return credits must be processed by SAO directly. Contact firstname.lastname@example.org for further details.