Mi-Pay

Mi-Pay

Mi-Pay

It is a mobile payment system launched by Xiaomi

This article is about the mobile payment solution offered in China by Xiaomi. It is not to be confused with the listed UK based payment processing company Mi-Pay Group plc.

Mi-Pay is a contactless NFC-based mobile payment system that supports credit, debit and public transportation cards in China. The service was launched by Xiaomi in partnership with UnionPay.[1][2][3][4]

Quick Facts Developer(s), Operating system ...

In December 2018 Xiaomi launched Mi Pay in India with partnership with ICICI Bank.[5] Apart from sending and receiving money, one can pay utility bills and mobile and broadband recharges.[citation needed]

On 28 October, 2022, the company suddenly decided wound up their financial services in India, including mi pay and mi credit and decided to focus only on their core strength.[6]

Xiaomi Pay

Xiaomi Pay is the NFC cashless payment service supported by Xiaomi wearable products is listed below with the applicable banks. The availability of NFC may vary by country and region. Please see below for a list of countries or regions and banks that support cashless payments for each Xiaomi wearable product. Supported devices: Xiaomi Watch S1 Pro, Xiaomi Smart Band 7 NFC and Xiaomi Smart Band 6 NFC.

Supported countries

Xiaomi Pay can be used with cards issued in 34 countries and territories worldwide.[7]

More information Date launched, Support for payment cards issued in ...

See also

References

  1. [1]
    Aloysius Low. "Xiaomi's new Mi Pay only works with one phone". CNET. Retrieved 2018-03-18.
  2. [2]
    "Xiaomi Mi Pay Mobile Payment Service Unveiled; Mi Washing Machine Launched | Technology News". Gadgets.ndtv.com. 2016-08-17. Retrieved 2018-03-18.
  3. [3]
    "Xiaomi launches contactless payment service, Mi Pay | Gizmodo India". www.gizmodo.in. Archived from the original on 2016-09-02.
  4. [4]
    Rita El Khoury (September 2016). "Xiaomi introduces mobile payment solution Mi Pay with support for cards from 20 banks in China". Androidpolice.com. Retrieved 2018-03-18.
  5. [5]
    "Xiaomi's Mi Pay mobile payment solution launches in India". xda-developers. 2018-12-20. Retrieved 2019-01-03.
  6. [6]
    Deep, Aroon (2022-10-28). "Xiaomi India discontinues Mi Credit, Mi Pay apps". Entrackr. Retrieved 2023-01-17.
  7. [7]
    "Banks which support NFC cashless payment on your Xiaomi Wearable Product". August 4, 2023.


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