HomeTech newsXiaomi closed a big business in India! Did you use them...

Xiaomi closed a big business in India! Did you use them too?

New Delhi.Xiaomi has increased its business significantly in India. Xiaomi’s business is spread across many sectors, but now this company has decided to shut down its two main services in India. Xiaomi had also listed two big apps on Google Play Store and Mi App Store for these two services, but now that too has been removed. Let us tell you about this big step of Xiaomi.

Xiaomi has stopped its financial services in India. Xiaomi used to work in financial services in addition to smartphones, smart TVs and all electronic gadgets in many countries around the world including India. Through this service, Xiaomi used to provide loans to its users easily. For this, Xiaomi also launched two apps named Mi Pay and Mi Credit.

Two apps of Xiaomi have been locked

Now both these apps have been removed from Google Play Store. According to a Reuters report, Mi Pay has also been removed from the recognized apps list of the National Payments Corporation of India (NPCI). Let us tell you that the National Payments Corporation of India is such a body of the Government of India, which recognizes such financial apps that provide online loans. However, no official statement has come out from NPCI till now.

Let us tell you that Xiaomi started this service in India about 4 years ago. Xiaomi India spokesperson said that in the last 4 years, we have provided our facilities to many people with the help of these platforms. He further said that, we will continue to introduce new products and services with new technology and innovation in the future.



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