HIGHLIGHTS
- Mi Pay app was launched in India back in March
- It comes preloaded on Xiaomi phones
- Mi Pay is based on UPI and works in collaboration with ICICI Bank
Mi Pay, which comes preloaded on Xiaomi phones and was initially available for download through the Mi Apps store, has made its way to Google Play. The app is available for free on Android devices through Google Play and is designed to offer an integrated payment solution with UPI money transfers, recharges, and bill payments under one roof — countering Google's in-house Google Pay and other apps such as Paytm and BHIM. Unlike existing mobile payments apps, the Mi Pay app requires a Mi Account for sign in. The app is designed by Xiaomi in a collaboration with ICICI Bank.
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