The tech giant and smartphone manufacturer Xiaomi has recently announced their latest mobile payment feature for Indian markets which was launched in December in last year 2018.The tech giant and smartphone manufacturer Xiaomi has established their brand in Indian markets and became very famous due to their good pricing smartphones and their new specifications and very durable smartphones and they have started to bring new and multiple products from Chinese markets to Indian market and now this latest payment service app is launched in India and its app is also announced.
The new payment service app that is Mi-Pay from Xiaomi is also supported by the ICICI Bank and PayU and it also has a basic and simple user interface which will require smartphone and their Contacts list and SMS permissions to be launched on the user smartphone.The personal credentials provided to the Mi Pay app will be send to the company's local servers and they will be stored there and the users can commence sending money from one UPI address to another and directly to people's Back accounts without any mess. The new Payment feature by xiaomi that is Mi-Pay and the users can also do payments to send money for their Water bill, Electricity bill, smartphone Bills, DTH Recharge,Data Recharge and many other payment feautures through the Mi Pay app.
The new payment feature by xiaomi that is Mi Pay and its data produced by the users and it will be safe and encrypted and the personal informational will be stored on India cloud storage infrastructure so that the data is not leaked by the Chinese hackers. In the new payment service app by xiaomi that is Mi-Pay and the users can also join and unjoin their bank accounts in their Mi Pay app that will be very convenient for users to do transactions by utilizing the UPI PIN and virtual payment address.
The users who uses Mi pay payment service app and they can manage all bank accounts and transfer money to the UPI users and it will also send a request to other users to take the money collected from the payee.Just like other payment service apps the Mi Pay app has a feature to see the leftover balance in bank account and they can also Reset or Modify their UPI PIN that will boost the security of their bank accounts. The users using the xiaomi payment service that is Mi Pay app can pay to other users by just scanning QR codes that will also has Bharat QR codes. The Mi Pay users have to generate the new QR codes to get the leftover payments from other UPI users that will send the money.
This will be also part of the Xiaomi's launch offer the tech giant and smartphone manufacturer Xiaomi is giving the newly launched mid range smartphones that will be 100 Redmi Note 7 smartphones and 50 Mi LED TV 4A Pro and this can be won through doing the payments through the new Mi Pay app. The Mi Pay payment service app will be available to all the users of custom UI of xiaomi that is MIUI users and will be available in few days.Tell us your views in comment section and subscribe our blog and stay tuned for more amazing updates and news regularly.
Hello, my name is Ankush Patel. I'm a self-employed Tech blogger from the India and continuously take endeavour to give my best knowledge of technology and focus to improve my content every next time. 
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