Chinese company Xiaomi, which is also known as MI, has become one of India’s top leading mobile brands. Along with Mobile phones as well as many more Xiaomi products, such as Mi Band, Ear Buds etc., also quite trendy in India and other developing countries, and the reason behind it is good service and features in less money. And to continue with this order Xiaomi has launched another new feature in India and which is Mi Pay, Mi Pay is one of the Xiaomi’s newest and best services. It is a payment service, which has been launched earlier in China, and now it is being launched in India.
Digitalization has been growing rapidly in India since the past few years, Due to this, big companies such as Paytm, Phone Pay and Google Pay are already placed here And after the launch of Mi Pay, Competition will surely increase in Indian market between these payment services provider companies. Although it will benefit the customers because they will get more benefits due to the competitive spirit. Even though large companies like phone pay and google pay are already present in Indian Market, MI Pay is considered to be a strong contender, and the reason is, Its advanced features, which can easily attract customers. With the help of UPI Services, Mi Pay also gives you the convenience of deposit phone bills, water bills, and electricity bills, DTH Recharge, Money Transfer, Like other Payment Service Provider companies, but the thing which makes this service unique and better is that apart from UPI service it gives you options like Debit Card, Credit Card and Internet Banking as a payment option. You can also use the new one-tap feature of Mi Pay which will help you to pay all your bills with just one tap.
Xiaomi has partnered with big banking companies like ICICI Bank and PayU to launch this new service to a large country like India. Xiaomi has said in an official statement about it that, “We are delighted to announce that we inviting beta testers for our latest Internet service, Mi Pay, a revolutionary payment service platform that is supported by ICICI Bank and PayU, in India.” Also, a spokesperson from Xiaomi India states that the Mi Pay has also got the Permission of National Payments Corporation of India (NPCI) to use this service at a big level.
At Present, Xiaomi’s new Mi pay service is only available in beta version, because Xiaomi wants to first test this new service by its Beta users, then only it will be launched in a stable version for all users. So if you want to experience this service before launching, you can also become a beta user, so let us know how to Use and Download MI Pay service…
How To Use And Download Mi Pay
As I already mentioned above that, at present this service is only available for the beta users, so to download Mi Pay service you have to become Beta User first. And to become a beta user you have to be a part of the MIUI Global Beta ROM, and for that, you have to run MIUI Global Beta ROM on your mobile phone. After that, you need to sign up for Mi Pay beta testing, And yes, keep in mind that the last registration date for this is 31st December, so register yourself before 31st December.
Now once you got the app, just follow few easy steps which I shared below, to use this Service…
1. Open Mi Pay on your mobile device.
2. Now it will ask you to fill your bank account details, so fill the details.
3. After that, it will send a confirmation code on you mobile no.(Registered With Your Bank Account).
That’s it, the process is over and you’re ready to use the services of Mi Pay.