Xiaomi to take on Paytm and likes with its digital payments app
As a precursor to the unveiling of the Redmi Go, Xiaomi announced its digital payments app for users, the Mi Pay. With this, India is the only other country after China where Mi Pay is available. Naturally, Xiaomi has tweaked the app to make it more India-centric as it prepares to take on services like Paytm, PhonePe among others.
Mi Pay is based on Unified Payments Interface (UPI) through which users can transfer money or even pay their utility bills. For mobile phone recharges and household bill payments such as electricity, gas and water, Xiaomi has tied up with Bharat Billpay which supports 120+ major vendors across India.
