News about Xiaomi Pay.
April 25th, 2016
Chinese smartphone maker Xiaomi is to launch an NFC based Xiaomi Pay mobile payment service in partnership with China UnionPay. “The two parties will design a mobile payment product for Xiaomi’s smartphones,” Xinhua News Agency reports, adding that the companies have yet to specify a timetable. The announcement follows the unveiling of handset maker Huawei’s Huawei Pay NFC service that is also set to launch in China.
March 30th, 2016
Handset maker Xiaomi has filed a patent in Korea for a mobile payment service called Xiaomi Pay, The Korea Herald reports. “There is speculation that Xiaomi’s upcoming mid-range smartphone Mi5 will feature the NFC mobile payment service,” the publication says. “The patent filing in the Korean market indicates that the Chinese tech firm plans to roll out its smartphone here.” The Mi5 was unveiled during Mobile World Congress and is equipped with NXP’s secure element and NFC solution.