Mi-Pay

{{Short description|NFC-based mobile payment system}}

{{Infobox software

| name = Mi Pay

| logo = Xiaomi logo.svg

| screenshot =

| screenshot size =

| bodystyle =

| caption =

| developer = Xiaomi

| ver layout = stacked

| operating system = MIUI 10 and above

| genre = Online payment

| license = Proprietary

| website =

}}

Mi-Pay is a contactless NFC-based mobile payment system that supports credit, debit and public transportation cards in China. The service was launched by Xiaomi in partnership with UnionPay.{{cite web|author=Aloysius Low |url=https://www.cnet.com/news/xiaomis-new-china-only-mi-pay-only-works-with-one-phone/ |title=Xiaomi's new Mi Pay only works with one phone |publisher=CNET |access-date=2018-03-18}}{{cite web|url=https://gadgets.ndtv.com/mobiles/news/xiaomi-mi-pay-mobile-payment-service-unveiled-mi-washing-machine-launched-873855 |title=Xiaomi Mi Pay Mobile Payment Service Unveiled; Mi Washing Machine Launched | Technology News |publisher=Gadgets.ndtv.com |date=2016-08-17 |access-date=2018-03-18}}{{cite web |url=http://www.gizmodo.in/indiamodo/Xiaomi-launches-contactless-payment-service-Mi-Pay/articleshow/53960716.cms |title=Xiaomi launches contactless payment service, Mi Pay {{!}} Gizmodo India |website=www.gizmodo.in |url-status=dead |archive-url=https://web.archive.org/web/20160902132937/http://www.gizmodo.in/indiamodo/Xiaomi-launches-contactless-payment-service-Mi-Pay/articleshow/53960716.cms |archive-date=2016-09-02}}{{cite web|author=Rita El Khoury |url=https://www.androidpolice.com/2016/09/01/xiaomi-introduces-mobile-payment-solution-mi-pay-support-cards-20-banks-china/ |title=Xiaomi introduces mobile payment solution Mi Pay with support for cards from 20 banks in China |date=September 2016 |publisher=Androidpolice.com |access-date=2018-03-18}}

In December 2018 Xiaomi launched Mi Pay in India in partnership with ICICI Bank.{{Cite web|url=https://www.xda-developers.com/xiaomis-mi-pay-mobile-payments-launches-india/|title=Xiaomi's Mi Pay mobile payment solution launches in India|date=2018-12-20|website=xda-developers|language=en-US|access-date=2019-01-03}} Apart from sending and receiving money, one can pay utility bills and mobile and broadband recharges.{{Citation needed|date=June 2021}}

On 28 October 2022, the company suddenly decided to wound up its financial services in India, including mi pay and mi credit and decided to focus only on their core strength.{{Cite web |last=Deep |first=Aroon |date=2022-10-28 |title=Xiaomi India discontinues Mi Credit, Mi Pay apps |url=https://entrackr.com/2022/10/xiaomi-india-discontinues-mi-credit-mi-pay-apps/ |access-date=2023-01-17 |website=Entrackr |language=en-US}}