This was the company’s first major foray into financial services. Mi Pay will only be available in China right now and has tied up with Bank of China and Union Pay, a card network in China. Mi Pay can be used for paying for public transit services and will be NFC enabled. So far, the only NFC enabled device from Xiaomi is the Mi 5.

Xiaomi launches its own payments service called Mi Pay

Leave a Reply

Your email address will not be published. Required fields are marked *