Gadgets & Electronics, Telecom & Wireless

Mi Pay Claims To Support 33 Banks, 90%+ Users Are Males

Xiaomi's payment service Mi Pay recently published its semi-annual user statistics report and claims that three new banks support Mi Pay bringing the total number of banks supporting Mi Pay to 33.

Meanwhile, over one million Mi Pay users have bound their credit cards to Mi Pay accounts.

According to the report, 18 banks supported Mi Pay when the service was launched and the number now increases to 33, including 14 medium and large joint-stock commercial banks such as Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Bank of Communications, and China Merchants Bank. Of those banks, China Construction Bank, Industrial and Commercial Bank of China, and China Merchants Bank were the most popular among Mi fans.

The report also shows that Mi Pay is currently available on Xiaomi's five flagship modes with the NFC function: Xiaomi 5, Xiaomi 5s, Xiaomi 5s Plus, Xiaomi Note 2, and Xiaomi MIX. Of those products, Xiaomi Note 2 was the most popular among Mi fans.

By region, Guangdong province ranked first by Mi Pay user number and trade value; by age, over 70% Mi Pay users are young people born after the 1990s; and by gender, up to 91.6% of Mi Pay users are male.

Public files show that on September 1, 2016, Xiaomi cooperated with China UnionPay for the official launch of Mi Pay, making it another smartphone maker that partnered with China UnionPay following Apple, Samsung, and Huawei.

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