Mi Pay app now available on Google Play Store

An online payment app open in the phone

Smartphone maker Xiaomi has just published its UPI-based payment app, Mi Pay on the Google Play Store. This announcement comes right around the time when the smartphone maker is gearing to launch the MIUI 11 updates for its devices. This puts Mi Pay in direct competition with the likes of Paytm, PhonePe, Amazon Pay, Airtel Payments Bank, and the upcoming WhatsApp Pay.

Its availability on Playstore means that the app is no longer exclusive to Xiaomi devices. Any interested user with an Android-based smartphone can install and use the app. Xiaomi is likely taking on Google Pay with the wider roll-out of its Mi Pay app. The company initially launched the app almost a year back in December 2018. Xiaomi even introduced the second major revision of the app, Mi Pay 2.0 earlier this year in March.

The Mi Pay app can be linked with your existing bank account through UPI to enable mobile payments while on-the-go. Similar to the likes of Google Pay, Xiaomi’s app lets you send or request money by entering the UPI ID or account number of your contacts. There are also features to recharge mobile accounts and pay postpaid mobile, landline, broadband, and DTH bills.

Xiaomi has also provided support for paying utility bills or make transactions at offline stores where UPI payments are accepted. Further, the Mi Pay app allows you to view your transaction history. You can also generate your personal static or dynamic QR code for receiving payments from other UPI users.

One difference that the Mi Pay app will have on any other Android-powered device is the lack of deep integration. The app comes deeply integrated on the system level for Xiaomi devices. Users can use the app to make payments directly from the contacts section, the scanner app, and the App Vault screen. In fact, users could even access the functions from the SMS app on Xiaomi devices.

The app is available for free on Android devices through Google Play and is designed to offer an integrated payment solution with UPI money transfers, recharges, and bill payments under one roof — countering Google’s in-house Google Pay and other apps such as Paytm and BHIM. Unlike existing mobile payments apps, the Mi Pay app requires a Mi Account for sign in. The app is designed by Xiaomi in a collaboration with ICICI Bank.

Back in March, Xiaomi launched the Mi Pay app for its users in India. The app was initially available as a part of MIUI 10 on Xiaomi phones and reached the Mi Apps store for older MIUI-based handsets.

According to the National Payments Corporation of India (NPCI), the UPI transactions have clocked the 1 billion mark earlier this month, three years after the platform was made available to users. With digital payments in India raking in serious numbers and registering significant growth, digital wallets and payment apps must take full advantage.


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