Beta testing of Xiaomi Mi Pay starts in India

Chinese mobile manufacturer Xiaomi has started beta testing of its digital payment platform Mi Pay in India. Xiaomi has joined hands with ICICI Bank and PayU to launch Mi Pay in India. Let us tell you that Mi Pay was launched in China as an NFC based payment service. Xiaomi had joined hands with China UnionPay to start the service in the domestic market. Talking about the features of Mi Pay, apart from credit and debit cards, it will come with internet banking and UPI support.

Xiaomi made its official announcement on Wednesday i.e. 19th December. forum post But said that National Payments Corporation of India (NPCI) has given approval for Mi Pay service. Xiaomi Mi Pay may have a direct competition with Google Pay in India. Apart from paying phone, gas and electricity bills, users will also be able to recharge through Xiaomi Mi Pay.

To enjoy the beta phase of Mi Pay, you must have MIUI Global Beta ROM. If your phone is running on MIUI Global Beta ROM then interested users can register for Mi Pay beta testing before 31st December. singn up can do. On the forum post, the company said that Mi Pay has been integrated with MIUI so that users can easily transfer money to contacts and sellers. For your information, let us tell you that it will be easy to use Xiaomi Mi Pay service with Contact, SMS, Scanner and App Vault app in Xiaomi smartphone.

Money can be easily transferred to other users with the help of UPI. There will be an option to scan Bharat QR and other QR codes in Me Pay service. If you want, you will be able to link or unlink the bank account at any time, along with this there will also be a facility to check the bank balance on Mi Pay platform. Option to change and reset UPI PIN for bank account will also be given. Please note that user’s data will remain encrypted.