Xiaomi NFC Pay Strap Teased to Launch Soon; Company Partners With With RuPay, RBL Bank, Zeta


Xiaomi NFC Pay Strap has been announced on Tuesday, September 28. The new straps will come with near-field communication (NFC) that will enable users to carry out contactless payments with eligible merchants. Xiaomi has also announced that three merchants and banks with whom it will partner with initially. There is no confirmation if other merchants and banks will partner with the Chinese tech giant later on. Currently, not much information is available about Xiaomi NFC Pay Strap.

Xiaomi Chief Business Officer Raghu Reddy tweeted about the upcoming Xiaomi NFC Pay Strap that the firm announced during the Global FinTech Festival as the “future of contactless payments.” The tweet doesn’t mention when the Xiaomi NFC Pay Strap will be releasing but teases that it will be launching sometime soon.

Reddy further mentioned that the soon-to-be-launched Xiaomi NFC Pay Strap will work along with RuPay, RBL Bank, and fintech platform Zeta as well as Xiaomi’s Mi Pay app. The tweet also shared a picture that only shows a smartwatch strap with the NFC logo embedded into it.

In other Xiaomi wearables-related news, the Chinese tech giant recently launched its Mi Band 6 in India during the Smarter Living 2022 virtual event in August. Mi Band 6 carries a 1.56-inch full screen AMOLED touch display with 450nits of peak brightness and 326ppi pixel density. Xiaomi claims up to 14 days of battery life on a single charge. It is also 5ATM water resistant and has a magnetic port for quick clip-on and clip-off charging.

Mi Band 6 comes with Bluetooth v5 (BLE) connectivity and can be paired with both Android and iOS smartphones. Being a fitness band, it also comes with many sensors that help track heart rate monitoring, sleep tracking — that monitors naps, sleep cycles, and sleep breathing quality —and blood oxygen saturation level (SpO2).

This week on Orbital, the Gadgets 360 podcast, we discuss the Surface Pro 8, Go 3, Duo 2, and Laptop Studio — as Microsoft sets a vision for Windows 11 hardware. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

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Satvik Khare is a sub-editor at Gadgets 360. His proficiency lies in educating how technology makes life easier for everyone. Gadgets have always been a passion with him and he’s frequently found finding his way around new technologies. In his free time he loves tinkering with his car, participating in motorsports, and if the weather is bad, he can be found doing laps on Forza Horizon on his Xbox or reading a nice piece of fiction. He can be reached through his Twitter

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