Chinese company Xiaomi she surprised us again. A new market should enter the Indian market NFC strap, thanks to which you can pay with virtually any smart watch. In today's article, we will take a closer look at this technology.
New NFC strap from Xiaomi
Just a few hours ago, the company gave us Xiaomi officially introduced a new product that makes it practical universal NFC strap. Sales of this news should start soon. The company unveiled this new accessory at a presentation on the future of "Future Of Contactless Payments" at the International Fintech Festival.
Today we announced our entry into the FUTURE OF CONTACTLESS PAYMENTS at #GlobalFintechFestival.
Excited that we will be getting Xiaomi NFC Mi Pay straps to India soon. 😍
Currently, we are working with NPCI, @RuPay_npci, RBL & Zeta to make this happen very soon.I ❤️ #Xiaomi pic.twitter.com/9fl4wre250
- Manu Kumar Jain (@manukumarjain) September 28, 2021
However, we do not yet know more information about this product. It is obvious that the novelty is focused on contactless payments. It uses NFC technology and related components are located practically in the construction of the watch strap.
We don't know the start of the sale yet, we know the design
Although the Chinese technology giant has not yet announced the official launch date, it has announced on social media that it is cooperating with various financial companies in India, such as RuPay, RBL and Zeta. The planned sale of the bracelet was also confirmed by Manu Kumar Jain, the leader of Xiaomi India.
To sum it up, the manufacturer wants to bring a novelty in the form of universal NFC straps with the possibility of contactless payments to India. This product should become part of services such as Mi Credit or Pay me from Xiaomi.
In addition, the design of this product was revealed on Twitter. It was published by the profile of Raghu Reddy, but also by the mentioned representative of Xiaomi India, while the picture shows us a relatively standard silicone strap in a matt black color treatment. Surprisingly, however, it hides NFC technology inside.
Do you like this new product from the workshop of the Chinese brand Xiaomi? Would you consider buying this news? You can easily write your observations and opinions to us below in the discussion below the article. Follow our new group on Facebook: Xiaomi Planet - A place for real Xiaomi fans and also our portal Xiaomi Planet and you will learn more.
No and not again !!! Sorry, this title is misleading!
If Xiaomi does not set up a comprehensive payment system (such as Apple, Google, Garmin and Fitbit), does not agree with payment card issuers (VISA + Mastercard) and does not agree with local banks, then you can have an NCF chip wherever you want, but DO NOT COMPLETE with it !!
Nowhere is it stated that Xiaomi cannot extend this bracelet with payments via Google Pay or other services. It has great potential for the future. But in the meantime, they will start with their own payment service, which is logical. We believe that Xiaomi will expand the possibilities of contactless payments in its watches and Mi Bands. It just takes time.