Xiaomi Mi Pay Launched Against,Google Pay,Phonepay&Paytm

China's smartphone maker Xiaomi officially launched Mi Pay in India. This is a UPI based app. Mi-Pay has been made available to all MIUI users. Mi-Pay is the payment service provider ICICI Bank. In this, users will be able to pay more than 120 banks through debit card, credit card and internet banking via UPI. This app has been approved by NPCI. Although there are many app related to payment service in the market, the direct payment of Mi-Pay will be from Google Pay, PhonePe and Paytm. Here we are giving you information about these four apps.

Xiaomi Mi Pay Launched Against,Googlepay,phonepy&Paytm

MI pay

Mi-Pay was launched in China in 2016. As we told you that the payment service provider of the Mi Pay app is ICICI Bank. Through this app, users will be able to use not only UPI based services, but also use the debit card, credit card, and internet banking. It will soon be made available at Mi App Store. According to the company, Xiaomi will be integrated into the MIUI user interface used in smartphones. As soon as this happens, users should use this service to open the Mi app. Will not be needed In this app you have been equipped with features such as SMS, Contact, App Vault, and Camera Scanner. In addition to money transfer through this app, you can recharge your mobile too. Apart from this, postpaid bills will also be paid.

Xiaomi Mi Pay Launched Against,Googlepay,phonepy&Paytm

Google Pay(Tez):

It's a digital wallet platform that Google has developed. From this, users will be able to make payments through mobile. It was launched at the beginning of 2015, after which in the year 2018, its name has been changed from Google Tez to Google Pay. It can be used on smartphones working on Android Lollipop 5.0 or above versions. Through this app, users will be able to transfer money into bill payment, phone recharge, and anybody's account. If you want to transfer money to someone who does not use Google Pay Even if it does. You will only need its UPI ID for this. At the same time, the way you chat with someone, you will be able to transfer money to someone else. Apart from this, you will also be given rewards on every transaction you have. It can be downloaded from the Google Play Store for free.

Xiaomi Mi Pay Launched Against,Googlepay,phonepy&Paytm

Phone Pe

This service was launched in the year 2015. Unified payment interface has been made available in this. Many works can be done through PhonePe from UPI Payments to Recharge and online bill payments to money transfer. phonepe service is a better way than internet banking, which offers fast and secure online payment. Through this app, users can send and receive money only through a contact number. With this, Refunds and cashbacks will also be given on the transaction. Users can use this app in Hindi, English, Tamil, Bengali, Telugu, Kannada, Malayalam, Assamese, Gujarati and Marathi.

Xiaomi Mi Pay Launched Against,Googlepay,phonepy&Paytm

Paytm:

This app uses more than 300 million users. Bill payments, money transfers, DTS recharge, train ticket booking, etc. can be done through this. This can also be done with LIC premium payment, shopping, bus and flight booking, metro card recharge, etc. Through its wallet, users can pay anywhere where Paytm is taken. Water and electricity water can also be deposited in it.