Xiaomi shuts its financial services business in India

In India, Xiaomi India discreetly ended its financial services operation. According to reports, the business has retreated from a $1 trillion opportunity by removing its Mi Pay as well as Mi Credit apps from the Google Play Store along with its own app store in India. Continue reading “Xiaomi shuts its financial services business in India”

Xiaomi launches Mi Pay mobile payment solution in India

Xiaomi has officially launched Mi Pay, the company’s latest mobile payment solution in India, after it was introduced back in December last year. Mi Pay is supported by ICICI Bank, has a basic UI and it requires Phone, Contacts and SMS permissions to run. Users have an option to transfer money to UPI address and Bank Account directly.

Continue reading “Xiaomi launches Mi Pay mobile payment solution in India”

Xiaomi introduces Mi Pay mobile payment solution in India

Xiaomi has introduced Mi Pay mobile payment solution in India supported by ICICI Bank and PayU. The company today started registrations for beta testing as National Payments Corporation of India (NPCI) has cleared Mi Pay for large group usage. The company said that Mi Pay would be integrated within the Contacts, SMS, Scanner apps as well as App Vault in MIUI and will be available for all MIUI users soon.

Continue reading “Xiaomi introduces Mi Pay mobile payment solution in India”