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…
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