Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Xiaomi is Planning to Launch its Own Contactless Payment Service in Russia
15.06.2019 09:56
Xiaomi is Planning to Launch its Own Contactless Payment Service in Russia

The manufacturer of smartphones and smart devices Xiaomi is planning to launch its own contactless payment service, Mi Pay, in Russia, according to The launch will take place as a part of the strategic partnership of the manufacturer with the Mastercard payment system.

      According to the representative of Xiaomi, the service will be launched in the “coming months”. It will work on new models of smartphones and wearable devices of the company that support contactless payment.

      Xiaomi emphasizes the fact that transactions through the service are protected by Mastercard tokenization technology. When you connect a card, a 16-digit combination of numbers is created and tied to an application on a specific device, thus the card number is not stored on the device itself, the company’s servers or in stores.

      Read More Articles about Russian Economy and Business

Author: Anna Dorozhkina

Tags: Russian business Russian companies    

Next Previous

You might also find interesting:

10 Startups have Become Finalists of the MTS Corporate Accelerator
23 Russian Companies Entered the List of the Largest in the World
Moscow Entrepreneurs Got More than 26 Billion Rubles of Loans with Guarantee Support in 2019
The ED2 Accelerator has Launched the Fifth Enrolment of EdTech Startups
YouDo Offers B2B Services

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Music Festivals  Russia  Mercedes-Benz Fashion Week Russia  Lara Fabian  Russian Photographers  Moscow  Russian tourism  Moscow Metro  Museums of Photography  incident  Elizaveta Tuktamysheva  Tomsk Polytechnic University  skiing in Russia  Stage  the Volga Region   Vladimir Kolesnikov  Real Wages  Russian fashion designer  Russian actors  the Novosibirsk region  Eurovision Song Contest 2012   Andrey Bilzho  Russian courts  FIFA world cup 2018 tickets  Lidia Vertinskaya  Russian Cinema  Russian regions  Folk Arts  Russian transportation  Alexey Miller  Exhibitions in Moscow  Russian children  Moscow monuments  Yulia Samoylova  public transport in Yekaterinburg  accident  Boris Nemtsov  Russian Rock Music  Housing  Pussy Riot case  Festivals in Moscow  Photo Exhibitions  Proekt Fabrika  St. Petersburg  Russian business  travel to Russia  Yulia Vysotskaya  Zima  Russina cuisine  VKontakte 

Travel Blogs
Top Traveling Sites