Xiaomi Launching Mi Pay in India

Xiaomi’s presence in India is quite substantial. Be it the top sales in the smartphones market, fitness bands, Smart TVs, Smart Home Kits, and Lifestyle accessories and what not. And, today Mi has brought its digital payments system as well – called Mi Pay to India. While earlier mentioned products kept the Xiaomi’s growth significant in India, let us see what the new software-based Mi Pay brings to the consumers.

First, Xiaomi, in partnership with Union Bay, launched Mi-Pay in his hometown. The company entered into a partnership with ICICI and PayU banks to provide India’s digital payment solutions. The National Payments Corporation of India (NPCI) has approved the launch of a wide range of Mi Pay for massive group release , and since then, Xiaomi has published a beta testing process for consumers.

Within the Mi-Pay app, users can add or remove their respective bank accounts with a simple SMS configuration. The digital payment app also supports all the existing standard credit cards and debit cards. Similar to other conventional digital payment apps of the country, users can also use Mi-Pay to manage multiple utility services that include – Phone bill/recharges, DTH recharges, water and electricity bill payments.

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