Xiaomi confirms NFC-enabled Mi Pay watch straps launch in India in partnership with RuPay, RBL and Zeta
India Today
Xiaomi is gearing up to introduce a new contactless payment solution in India that will work in tandem with its digital payments app Mi Pay. The company has provided a glimpse of its NFC-enabled Mi Pay watch straps and has announced a partnership with other stakeholders to bring it to India.
Xiaomi has announced NFC enabled watch straps that will allow contactless payments for its users in India. The watch straps will exclusively work with Xiaomi's own payment solution Mi Pay and for this, the company has tied up with several stakeholders in India.
The information has been shared by Xiaomi executive Raghu Reddy on Twitter recently. Reddy wrote that Xiaomi has announced its entry into the "future of contactless payments" at the ongoing virtual-only Global Fintech Festival. With this, the company shared the idea of coming up with a Xiaomi NFC Mi Pay strap soon.
