You can now make Payments with your Watch Strap. Xiaomi India announced to launch of a Watch Strap with NFC support.
NFC payments are widely used all across the globe. But it was not that Popular as UPI in India. Now we have seen some increase in the payments through NFC compared to the Past.
Xiaomi today announced its entry into Contactless payments at the Global Fintech Festival. And Xiaomi is also launching watch Straps that will support NFC payments, MI Pay.
Today we announced our entry into the FUTURE OF CONTACTLESS PAYMENTS at the Global Fintech Festival.
Thrilled to announce that we will be launching the Xiaomi NFC Mi Pay straps soon.
Working with @RuPay_npci, RBL & Zeta to make this happen.
Stay tuned. pic.twitter.com/5yD2eywhPO
— Raghu Reddy (@RaghuReddy505) September 28, 2021
Xiaomi is Working with RUPAY, RBL, and Zeta to achieve that. With the launch of NFC support Watch Strap, we might see some increase in NFC-based Payments.
We can expect these Straps to get compatible with other watches even analog watches and support for other Watches. Now with the use of Xiaomi Watch Straps we can make Contacless payments with just a Tap.
Making payments with your Watch Straps is very cool. Are you guys excited about the Xiaomi NFC Watch Straps?