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Xiaomi Introduces New Payment Option Powered by Google Tez

The new payment option powered by Tez will allow users to opt for a cashless transaction option on Mi.com and the Mi Store app.

News18.com

Updated:December 20, 2017, 1:52 PM IST
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Xiaomi Introduces New Payment Option Powered by Google Tez
Xiaomi Introduces New Payment Option Powered by Google Tez (photo for representation, image: Xiaomi India)
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Chinese smartphone maker Xiaomi has announced that it will offer a new payment option, powered by Google Tez, on its own e-commerce platforms starting today. Tez is Google’s new digital payment app for India. The new payment option powered by Tez will allow users to opt for a cashless transaction option on Mi.com and the Mi Store app. It means users can pay directly from their bank accounts online for any purchase that they make, further cementing Xiaomi’s commitment to contribute to the government’s Digital India initiative.

Based on UPI, an instant real-time digital system that enables users to perform fund transfers and merchant payments from multiple bank accounts, Tez offers a fast, seamless and secure payment method that will deliver more convenience to Xiaomi shoppers. According to the company users on Mi.com and the Mi Store app would see an option to select Tez and pay conveniently using their Tez UPI IDs. Mi.com on average gets over 21 million unique visitors in one month and over 1 million daily active users. Mi Store app on Google Play has over 20 million app installs with more than 6 million organic downloads to date.


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(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
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