Xiaomi launches Google Tez-powered payment service

By: |
Bengaluru | Published: December 20, 2017 3:10:41 PM

Chinese handset maker Xiaomi on Wednesday introduced a new payment service, powered by Google Tez, on its e-commerce platform Mi.com and Mi Store app.

Xiaomi, Xiaomi google tez, Xiaomi  payment service, Mi Store app, UPI, Digital India, Online Sales, Google Tez payments service . mi.comUsers can now make cashless transactions on both Mi.com and the Mi Store app as Google Tez payments service operates atop the Unified Payments Interface (UPI). (Reuters)

Chinese handset maker Xiaomi on Wednesday introduced a new payment service, powered by Google Tez, on its e-commerce platform Mi.com and Mi Store app. Users can now make cashless transactions on both Mi.com and the Mi Store app as Google Tez payments service operates atop the Unified Payments Interface (UPI). “As a merchant partner for Tez for business programme, all Xiaomi customers can now seamlessly and securely pay with any bank account stored in their Tez account on their phone,” Sujith Narayanan, Head of Partnerships and Business Development, Tez, said in a statement. Users can pay directly from their bank accounts online for any purchase that they make, further cementing Xiaomi’s commitment to contribute to the “Digital India” initiative.

“Our vision is to bring innovation to everyone and our integration with Tez is another step forward in this direction. We hope to provide an even better purchasing experience that is cashless,” added Raghu Reddy, Head – Online Sales, Xiaomi India. Google had launched its UPI-based Tez payments app in India in September that was built for India. Working on the vast majority of the country’s smartphones, the app is available in English and seven Indian languages (Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil and Telugu).

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Microsoft, Facebook disrupted activities of North Korean hackers, says White House
2Google Pixel 2 XL fingerprint scanner slows down after latest Android 8.1 Oreo update? Here is truth
3WhatsApp gets one month to stop data sharing with Facebook