Mi Pay, the long-awaited mobile payment service from Xiaomi, will be available for all Xiaomi users from tomorrow (September 1st).

Xiaomi registered a payment service company as early as in 2013, but only in January this year did the company obtain an official license by acquiring a controlling stake in local online payment services company Ruifutong.

Like Apple Pay and Samsung Pay, Mi Pay has partnered with China UnionPay (CUP), the association for China’s banking card industry. Currently Mi Pay supports debit and credit cards from more than 10 Chinese banks.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com