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Payment Options Payment Options
Avail multiple payment options at TechShop.in. Currently we provide you payment options like Mastercard/Visa Credit cards, Deposit CASH at your local ICICI Bank(ICICI Bank has the second largest banking network in India), Transfer payment via your Bank account(Offline Transfer via EFT, NEFT or Direct from an ICICI Bank account)), or send us a Demand Draft or a Cheque from your account reflecting the total of your purchase.

Several more payment options like ITZ CASH, PayMate(pay with your cell phone), and direct bank transfers from various Indian Banks will be added using the AXIS Bank payment gateway E-Billing Solutions.

At TechShop.in, we believe in passing on every cost saving benefit to our customers. We provide 3% discount for all payment options that do not include any credit card processing. Thus making TechShop.in the most price competitive store of its kind in India.

TechShop.in allows for the following payment options:

1) Credit cards (Mastercard and Visa)

We employ Payseal, the payment gateway from India’s leading Banking network ICICI. Payseal is a secure, real-time, scalable and flexible Internet payment platform. It facilitates seamless online payment solutions and gives you the confidence in the underlying trust structure. It accepts payments made via MASTERCARD and VISA credit cards.

Payseal security measures ensure that the customer credit card details are kept secure while transacting on the net, preventing unauthorised access. The card details would not be disclosed even to the merchant. Payseal adopts the SSL (Secure Socket Layer) technology, an internationally proven and widely accepted technology.

Internationally Certified Security standards
Payseal is registered with Verisign, the worlds best and most trust worthy Net Authentication Agency.

Added security

What is Card Verification Method (CVM)?
The Card Verification Method, or CVM , consists of a 3 or 4-digit numeric code that is printed at the back of the credit card along with (after) the credit card number, where the card holder signs in his signature on the card. This additional 3 or 4 digit numeric code is not embossed on the card nor available in the magnetic stripe.
This additional 3 or 4 digit is code is featured / incorporated on all Master Cards and Visa cards issued worldwide, including cards "Valid only in India and Nepal". Visa calls this security feature as CVV2 and Master Card calls it as CVC2.

Why CVM?
The purpose of CVM is to ensure that the person submitting the transaction is in possession of the actual card, since the code cannot be copied from charge slips / receipts or skimmed from the magnetic band. CCAvenue requests our customer to provide this numeric code for your order and submits it with the authorization through the Citibank gateway. The card processor (i.e. Visa or Master Card) will then validate the code supplied with the number on record for the specific card, and return a match/no-match response.

Securing our customers
According to a Gartner Group survey, 98% of the credit card numbers that the hackers / fraudsters are able to collect, are through charge slips thrown away by retailers / restaurants / Shopping Malls etc., which contains the Card Holder Name, the 15 or 16 digit credit card number and the expiry date. This extra 3 or 4 digit numeric code is not printed anywhere in the charge slip. Therefore the hackers / fraudsters cannot use these credit card numbers on CVM-validated transactions.
World Wide statistics have shown that fraud rates on transactions with verified CVM codes have been significantly lower than those for transactions without CVM (fraud rates on CVM-validated transaction are reportedly 90% lower than those for non-CVM transactions).
Credit cards bearing inscription - "VALID IN INDIA & NEPAL ONLY" are also accepted.
We accept these credit cards, along with the globally valid ones. If your credit card is not accepted with the Payseal payment gateway, kindly use the Paypal payment gateway which accepts ALL credit cards.

EMI options with any ICICI Bank credit card

We offer zero interest 6 EMI and 12 EMI for all ICICI Bank Credit Card holders. Simply select your option for either six equated monthly installments(EMI) or twelve EMI. Your purchase at TechShop.in is completely interest free. You will be charged 4.65% processing fee with the first installment for the 6 EMI option and 10.65% processing fee with the first installment of the 12 EMI option. The processing fee is calculated as a percentile of your total order amount. A minimum purchase of Rs 1,500.00 is necessary for availing any of the EMI options.

Your loan amount is instantly approved online and you don’t need to make any down payments or pay any additional processing fees. Shipping costs are also covered in EMI and will be calculated in the total value.
Please note: The EMI facility is currently available only for ICICI Bank Credit Card holders.


2) Deposit Cash at Local ICICI Bank Branch

Please use the following information to Deposit Cash at Local ICICI Bank Branch.

Account Name: Polytela e-Commerce PVT. LTD.
BankICICI Bank
Account Number001105017226
Branch NameAndheri(W)
Account TypeCorporate (Current)
Branch CodeNEFT IFSC Code: ICIC0SF0002
RTGS IFSC Code: ICIC0000011

We will process your order once we receive confirmation of your payment.

3) Check/Money Order

Make Payable To: Polytela e-Commerce PVT LTD, Mumbai

Send To:
Polytela e-Commerce PVT. LTD.
25, Gaurav Industrial Estate, Bail Bazaar,
Kurla (W), Mumbai 400070.


Kindly include your full name, order number, phone number, and e-mail address at the back of your Cheque/Demand Draft.
We will process your order once we receive confirmation of your payment.

4) Internet Transfer or Direct Bank Deposit

Please use the following information to make an Internet Transfer or Direct Bank Deposit.

Account Name: Polytela e-Commerce PVT. LTD.
BankICICI BankAxis Bank
Account Number001105017226395010200003179
Branch NameAndheri(W)MIDC-ANDHERI (MUMBAI)
Account TypeCorporateCorporate
Branch CodeNEFT IFSC Code: ICIC0SF0002
RTGS IFSC Code: ICIC0000011
MICR Code: 400211036
IFSC Code: UTIB0000395

We will process your order once we receive confirmation of your payment.

5) PayPal

PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information.

PayPal has quickly become a global leader in online payment solutions with more than 164 million accounts worldwide. Available in 190 markets and 17 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages.

PayPal has received more than 20 awards for excellence from the internet industry and the business community -most recently the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site.

To use this payment option please contact us here
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