Technology Other News 20 Dec 2017 Xiaomi announces Goo ...

Xiaomi announces Google Tez-powered payment option

DECCAN CHRONICLE.
Published Dec 20, 2017, 1:44 pm IST
Updated Dec 20, 2017, 1:44 pm IST
The new payment option powered by Tez allows users to opt for a cashless transaction option on Mi.com and the Mi Store app.
It means users can pay directly from their bank accounts online for any purchase that they make.
 It means users can pay directly from their bank accounts online for any purchase that they make.

Xiaomi announced that it will offer a new payment option, powered by Google Tez, on its own e-commerce platforms starting today.

Tez is Google’s new digital payment app for India. The new payment option powered by Tez allows users to opt for a cashless transaction option on Mi.com and the Mi Store app. It means users can pay directly from their bank accounts online for any purchase that they make.

 

Based on UPI, an instant real-time digital system that enables users to perform fund transfers and merchant payments from multiple bank accounts, Tez offers a fast, seamless and secure payment method that will deliver more convenience to Xiaomi shoppers. Users on Mi.com and the Mi Store app would see an option to select Tez and pay conveniently using their Tez UPI IDs.

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