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
(Source: https://akket.com/wp-content/uploads/2017/04)

The manufacturer of smartphones and smart devices Xiaomi is planning to launch its own contactless payment service, Mi Pay, in Russia, according to vc.ru. 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:

The Pessimism of Small Businesses has Grown Stronger in the First Half of 2019
23.12.2019
The ED2 Accelerator has Launched the Fifth Enrolment of EdTech Startups
13.02.2020
A Free Business Accelerator was Launched in Moscow
30.11.2019
The Service for Hiring General Laborers Attracted Investment from Two Business Angels
31.01.2020
Embria will Invest One Million Dollars in the Russian Service
05.03.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian women  Book Tickets for Operas  St. Petersburg  handguns  Museum of Cinema  Primorsky Territory  crisis  train tickets Russia FIFA  Norwegian fish  Comets  Chusovaya  Russian courts  Russin Universities  Russian tourism  Nicholai Roerich  Moscow parks  Shtockman project  health  Rudolf Nuriyev   investment  Moscow Architecture  Russian natural parks  Archeology  ranking  Mikhail Khodorkovsky  Arkhangelsk region  bus tickets Russia FIFA  FIFA World Cup   Water  Lucian Spalletti  plagiarism  Mercedes-Benz Fashion Week Russia  Evgeni Plyushchenko  Counts  Hermitage  Moscow  Mariinsky theatre  Russian Cinema  Russian business  Jazz  Theatre Festivals  Bacteria  Russian children  Russian regions  Russian gas  Innovations  Festivals in Moscow  polls  Exhibitions in Moscow  travel to Russia 


Travel Blogs
Top Traveling Sites