Xiaomi Mi Pay
Xiaomi is going to launch mi pay app in India
Chinese firm awaiting RBI approval to start India operations. According to sources, Chinese mobile smartphone maker Xiaomi is ready to launch its payment service, Mi Pay, in the growing Indian payments market.
Xiaomi, currently India’s second-largest smartphone seller, has already conducted trials and testing of the UPI service, and is awaiting RBI approval for the launch.
Mi Pay digital payments platform was already launched in China back in September 2016 as an NFC-based solution. Made available in partnership with China UnionPay.
Let see how much time Xiaomi will take to get a space in Indian payment service market.