Xiaomi Financial Services announces collaboration with SafeGold

A faster, safer and reliable source of money transfer using UPI, Mi Pay allows users to make various kinds of transactions such as transfer money, request money, pay bills - electricity, phone, water, gas and others.

Moreover, for ease of use, MI Pay can be used to make transactions across any UPI payment apps. Mi Pay has acquired over 18 million users since its launch in February 2019.

Vikram Singh, Lead - Xiaomi Financial Services, Xiaomi India said, “This Akshaya Tritiya, Mi Pay app in collaboration with SafeGold has launched gold trading as a micro app. Ushering prosperity amid COVID – 19, Mi Pay app users can now buy gold at competitive rate, despite staying indoors. This endeavour is to help Akshaya Tritiya buyers bring gold as a harbinger of good times, and further help in driving positive momentum. Consumers can start buying this attractive asset at a minimum purchase of INR 100 and can store 24k physical gold securely with Brinks India or have it delivered at their doorstep in the form of bars/coins post lockdown lift. Serving as a one-stop solution for consumers’ payment needs, Mi Pay allows users to also sell their gold balance at any time or even exchange it for jewellery through Mi Pay’s partnered jewellers.”