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Payment Methods

Posted
Updated
BySEI Powerstream

MyElectric.in offers safe, fast, and flexible payment options for both retail and business buyers. Whether you’re purchasing a single item or placing a bulk order, our platform ensures a smooth and secure payment experience.

🔹 Accepted Payment Methods

✔ UPI (Recommended)

Fast, secure, and widely used.
Supports: Google Pay, PhonePe, Paytm, BHIM, and all major UPI apps.

✔ Credit & Debit Cards

We accept all major cards:

  • Visa
  • Mastercard
  • RuPay
  • American Express

Includes EMI options (if enabled by your card issuer).

✔ Net Banking

Instant payments from all major Indian banks.

✔ Wallets

Popular digital wallets supported for quick, hassle-free checkout.

✔ Bank Transfer / NEFT / RTGS

Ideal for:

  • Bulk orders
  • Corporate purchases
  • Industrial procurement

Bank transfer details are shared on request or displayed during checkout.

✔ Cash on Delivery (COD)

Available for select pin codes and product categories.
COD is not available for:

  • Bulk orders
  • High-value items
  • International shipments

🔹 Payment Security

Your payments are processed through secure and encrypted payment gateways.
We ensure:

  • PCI-DSS compliant transactions
  • No storage of card/UPI details
  • Fraud detection & verification
  • 100% payment protection

🔹 Payment Confirmation

Once the payment is successful:

  • You receive an SMS and email confirmation
  • The order appears under My Orders
  • An invoice is generated once the order is shipped

For bank transfers, confirmation may take 1–4 working hours depending on your bank.

🔹 Payment Issues & Failures

If your payment fails:

  • Try an alternate payment option
  • Ensure sufficient balance / UPI limit
  • Restart your browser or mobile app

If money is deducted but order isn’t placed:

  • The amount is automatically refunded by your bank within 24–72 hours

For help, contact:
📧 support@myelectric.in
📞 +91 9110825478

🔹 Payments for Bulk / B2B Orders

For large or business orders, you may use:

  • Bank Transfer
  • NEFT / RTGS
  • UPI
  • Proforma invoice-based payments

Credit terms available for select approved clients.

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