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Mi-Pay

From Wikipedia, the free encyclopedia
Mi Pay
Developer(s)Xiaomi
Operating systemMIUI 10 and above
TypeOnline payment
LicenseProprietary
Websiteshanfu.mipay.com Edit this on Wikidata

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]

In December 2018 Xiaomi launched Mi Pay in India in 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 to wound up its financial services in India, including mi pay and mi credit and decided to focus only on their core strength.[6]

Xiaomi Pay

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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

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

Date launched Support for payment cards issued in
May 31, 2018 China
June 16, 2020 Russia
September 24, 2020 Belarus
Ukraine
October 6, 2021 Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
United Kingdom
August 15, 2022 Moldova

See also

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References

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  1. ^ Aloysius Low. "Xiaomi's new Mi Pay only works with one phone". CNET. Retrieved 2018-03-18.
  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. ^ "Xiaomi launches contactless payment service, Mi Pay | Gizmodo India". www.gizmodo.in. Archived from the original on 2016-09-02.
  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. ^ "Xiaomi's Mi Pay mobile payment solution launches in India". xda-developers. 2018-12-20. Retrieved 2019-01-03.
  6. ^ Deep, Aroon (2022-10-28). "Xiaomi India discontinues Mi Credit, Mi Pay apps". Entrackr. Retrieved 2023-01-17.
  7. ^ "Banks which support NFC cashless payment on your Xiaomi Wearable Product". August 4, 2023.