Mi Pay Gets Gold Trading Option
Mi Pay has added a gold trading option in India to let consumers buy and sell gold in real time. coque iphone 6 Once purchased, you have the option to store the gold in a vault operated by a Mi partner or get it delivered at your doorstep. Xiaomi has partnered with gold investment startup SafeGold to enable the new feature on the Mi Pay app that debuted as a beta in December 2018. coque iphone 8 With the latest addition, the Mi Pay has become a more closer competitor to Google Pay, Paytm, and PhonePe, all of which have the option to purchase cover samsung galaxy j5 musica or sell gold.
To enable purchasing and selling of gold, the Mi Pay app cover samsung galaxy j5 di marca has added a dedicated Gold option. Customers also have the option to securely store their 24 karat physical gold with vaulting firm Brink’s India. Alternatively, the app allows delivery of the purchased gold.
In addition to enabling gold trading, the Mi Pay app also gives a way to track existing gold balances. Customers can also exchange their gold for jewellery using Mi Pay’s partner jewellers.
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The new development has been followed by the ability to crea cover samsung book flight and train tickets using the Mi Pay app. iphone 7 hoesjes It also offers life insurance and lets you generate your credit report.
Competitive move, but wrong timing
Xiaomi’s custodia cover huawei p8 lite 2017 move with the adding gold trading to the Mi Pay is competitive as Google Pay, Paytm, and cover samsung galaxy s3 neo silicone disney PhonePe already have similar options for some time. coque iphone 7 However, the timing of the announcement isn’t that fascinating as people are fearful due to the coronavirus outbreak globally and aren’t open to making any big purchases. The nationwide lockdown has also made it impossible for potential buyers to get physical gold delivered at their doorstep since courier services aren’t allowed for cover samsung j1 silicone delivering any orders.
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Recently celebrated its first anniversary
The Mi Pay app, which is a Unified Payment Interface (UPI) based counterpart of the original Mi Pay that custodia cover samsung a70 supports NFC based payments in China, was launched in India officially in March last year. The app has over 18 million users as cover samsung galaxy pocket of last September. coque iphone x It was initially limited to Xiaomi negozi cover samsung roma phones running MIUI, though the Mi Pay app landed in Google Play last October.
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Further reading: Mi Pay samsung a5 custodia Gold, Mi Pay, Xiaomi, Mi
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