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Chinese electronics manufacturer Xiaomi has filed a patent with the China National Intellectual Property Administration for technology that would enable users of its wearable augmented reality glasses to initiate and authenticate contactless QR code payments. More
Owners of Xiaomi smart home devices can now configure, link, control and monitor their lighting, security, entertainment systems and other domestic appliances simply by tapping an NFC sticker with their NFC-enabled smartphone... More
PARTNER NEWS: Xiaomi is to use NXP’s mWallet 2Go technology to let consumers across Europe make payments using its low-cost Mi Smart Band 4 wearable... More
Four in five vehicles shipped by Chinese car maker BYD in 2019 included support for NFC keys “and the percentage is expected to top 95% in 2021,” automobile industry publication Gasgoo reports... More
Government asks SenseTime to lead plans for national facial recognition standards — Caixin Global — “The working group, which also includes Tencent, Xiaomi, and Ant Financial, is overseen by the National Information Technology Standardization Technical Committee (NITS), which is in turn affiliated with the Ministry of Industry and Information Technology. It will also promote the further formulation of facial recognition standards at an international level.”
While health applications continue to be the main consumer adoption driver for wrist-worn wearables, support for mobile payments “is also starting to become a mainstay,” according to new research from IDC... More
Chinese mobile device manufacturer Xiaomi has launched the Mi Band 4 NFC fitness tracker that supports contactless NFC payments and QR-based payments through AliPay and can be used as a key when combined with the company’s MI Smart Door Lock... More
Xiaomi announces official Indian launch of Mi Pay — GSMArena — “Back in 2016, Xiaomi launched Mi Pay in China and followed that up by launching a beta trial in India. Testing is finally complete and Indian users get full access to Mi Pay. The platform is built on the Unified Payments Interface (UPI) in collaboration with National Payments Corporation of India (NPCI) and ICICI Bank and supports more than 120 banks.”
Xiaomi Mi Band 3 NFC version to go on sale on September 19; Total wearable sales exceed 50m — Gizmochina — “The company has officially confirmed that it will begin the sales of the Mi Band 3 NFC edition starting from Sept 19 with a price tag of 199 Yuan (US$29 approx)… Apart from supporting contactless payment POS terminals enabled with NFC, the Mi Band 3 NFC version will support city bus card payments in [as] many as 167 cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Tianjin, Shijiazhuang, Suzhou, Hefei, Xi’an, and Jilin among others in China.”
Chinese firm awaiting RBI approval to start India operations — The Hindu BusinessLine — “According to sources, Chinese mobile smartphone maker Xiaomi is ready to launch its payment service, Mi Pay, in the growing Indian payments market. Xiaomi, currently India’s second-largest smartphone seller, has already conducted trials and testing of the UPI service, and is awaiting RBI approval for the launch, said two sources.”
Xiaomi and Apple tie for the top position as the wearables market swells 17.9% during the first quarter, according to IDC — International Data Corporation — “The worldwide wearables market maintained its upward trajectory during the first quarter of 2017 (1Q17) with Xiaomi and Apple leading all companies and multiple products experiencing double- and triple-digit growth.”
PARTNER NEWS: Smartphone maker Huawei is to begin rolling out NFC mobile payments for public transport in Shanghai, Shenzhen, Guangzhou and Beijing through Huawei Pay, which launched in China in September 2016... More
PARTNER NEWS: Activation rates for the NFC mobile transit solution introduced by NXP and handset manufacturer Xiaomi in China have grown more than 15% in Shanghai and over 20% in Shenzhen since services on the Mi 5 smartphone launched in June 2016... More
Chinese handset maker Xiaomi has launched its Mi Pay NFC-based mobile payments service in its domestic market. More
Chinese handset maker Xiaomi will launch its Mi Pay NFC-based mobile payment service on 1 September, in collaboration with bankcard association China UnionPay... More
Chinese smartphone maker Xiaomi has unveiled Mi Pay, an NFC-based mobile payment service expected to be made available on the Xiaomi Mi 5 handset with support from a number of the country’s banks. More
Owners of a Xiaomi handset running the MIUI8 operating system can now recharge their phone and make bill payments with “one touch” using mobile payment platform MobiKwik... More
Chinese smartphone maker Xiaomi is to launch an NFC based Xiaomi Pay mobile payment service in partnership with China UnionPay... More
Handset maker Xiaomi has filed a patent in Korea for a mobile payment service called Xiaomi Pay, The Korea Herald reports... More
A UK startup raising funds on Kickstarter for a modular smartwatch that includes NFC and contactless payment functionality has amassed pledges totalling more than double its US$250,000 target in just two days. More
