Xiaomi has launched Mi Pay, its UPI payment app, for Xiaomi smartphone users in India. MIUI users can install Mi Pay from the Mi Store. Users can login with their Mi account or use another account. With Mi Pay, users can also pay utility bills (water, electricity, gas, phone recharges) across 120 billers and 120 national and regional banks using cards. Note that in 2016, Xiaomi had partnered with MobiKwik to let its users make a ‘one-touch-recharge’ with DTH or mobile operators. Mi Pay Users can also create a UPI VPA, check balance, send money, pay using QR codes and collect money. There is a limit of Rs 100,000 per transaction as per NPCI and the individual banks. Mi Pay has an NPCI certification and uses ICICI Bank’s payment services for its UPI app. The company claims that Mi Pay data will be stored only on Indian servers and that it is working with E&Y and Lucideus for data storage and safety. Privacy policy and minors’ data collection Xiaomi has a grievance officer for India based in Bangalore. In its privacy policy, Xiaomi says that it is the parents’ responsibility to monitor their children’s use of its services, but that it does not require minors’ personal information. In case a minor’s information is stored with the company, their parents can ask Xiaomi to remove it, and unsubscribe them from it. Users can also request for a copy of their personal data and ask for it to be erased. Xiaomi will…
