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Friday, November 22, 2019

[MI Pay] Xiaomi launches ‘Mi Pay’ payment app, Google Pay, PayTM will competetor this way


Technology Desk: After enticing people with their smartphone in the Indian market, now Xiaomi has also launched its payment app. This app is currently launched in beta version, later it will be launched for the rest of the segment. Mi Pay is a unified payment interface i.e. UPI based service and the company has integrated it into MIUI. Experts say that with the launch of this app, Google Pay and Paytm can get a tough competition. 
Xiaomi has tied up with ICICI Bank and PayU to launch this. However, Xiaomi launched this app in China in 2016 and for this the company partnered with China UnionPay. If you talk about its features, then the most important thing about Mi Pay is that users can also pay like Paytm with credit card, debit card and UPI. 
Xiaomi recently gave information about this on the official website. It was told in this information that the National Payments Corporation of India (NPCI) has approved the launch of Mi Pay service. Now many kinds of questions are arising in the minds of people about this app. Let us tell you that through Mi Pay, you can also do things like electricity bill, gas bill and recharge mobile number.  

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