Xiaomi rolls out UPI based Mi Pay app in India, to compete with Paytm, PhonePe, Mobikwik, Google Pay
Users will be able to make payments on this app in the similar fashion as on Paytm and other UPI based payment apps but they will only be able to pay other users who use Mi Pay app.
- Mar 19, 2019,
- Updated Mar 19, 2019 6:52 PM IST
Xiaomi Tuesday launched Mi Pay, its very own Unified Payments Interface (UPI) based payments service in India. The app is already available in China and was first introduced in India last December in beta mode.
The app however, will face stiff competition from already established players like Paytm, PhonePe, Mobikwik and Google Pay which are also UPI based in the Indian market.
Muralikrishnan B, Chief Operating Officer (COO), Xiaomi India launched Mi Pay during the launch event for the Redmi Go smartphone in the country. The COO said that the mantra behind developing this app was "Simple, Convenient and Secure".
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Xiaomi Tuesday launched Mi Pay, its very own Unified Payments Interface (UPI) based payments service in India. The app is already available in China and was first introduced in India last December in beta mode.
The app however, will face stiff competition from already established players like Paytm, PhonePe, Mobikwik and Google Pay which are also UPI based in the Indian market.
Muralikrishnan B, Chief Operating Officer (COO), Xiaomi India launched Mi Pay during the launch event for the Redmi Go smartphone in the country. The COO said that the mantra behind developing this app was "Simple, Convenient and Secure".
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