Wednesday, October 18, 2017
News

Xiaomi India partners with ZestMoney for cardless EMI

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bengaluru | Friday, 2017 6:45:04 PM IST
 
Xiaomi India on Friday announced a partnership with ZestMoney that will enable customers to buy Xiaomi products on EMI, without a credit card, from the company's website Mi.com.

"By addition of affordable EMI options without credit cards, we hope to provide a comprehensive purchasing experience for Mi Fans on Mi.com," said Raghu Reddy, Head - Online Sales, Xiaomi India, in a statement.

As part of the partnership, ZestMoney will provide the back end credit capability for Xiaomi India. Mi.com customers will go through a digital process to get an approved credit limit.

Mi Fans will be able to use this credit limit to pay for their order by using "Cardless EMI" at the checkout.

"With the advancements in digital authentication such as Aadhaar-linked e-KYC, we are able to instantly sanction EMI via a completely digital paperless process," Lizzie Chapman, CEO and Co-Founder, ZestMoney, added.

Xiaomi currently has a 46.9 per cent share of the online smartphone market. Mi.com on an average gets over 21 million unique visitors in one month and over a million daily active users, the company said.

--IANS sku/him/bg

( 192 Words)

2017-10-13-18:26:08 (IANS)

Watch News Videos

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE BUSINESS NEWS
Stressed upon developing transparent mar...
Stock markets to hold Muhurat trading se...
UltraTech Cement's consolidated Q2 net p...
Diwali gift for soldiers: Government wit...
Nokia signs MoU with Japan's Sendai city...
Pradhan signed MoC on LNG with Japan...
More...
 
INDIA WORLD ASIA
Maha Transport Strike: Staff demands imp...
Hyderabad: A self styled god man held fo...
'Guilty must be brought to book': Rahul ...
Adityanath more concerned on celebrating...
Illegal sex-determination: BJP MLAs accu...
Pebble launches 'Dazzle' Bluetooth speak...
More...    
 
 Top Stories
Stock markets to hold Muhurat tradi... 
Previously pregnant donor may up de... 
This sensor 'skin' can help robots ... 
UltraTech Cement's consolidated Q2 ... 
Yuvraj named in domestic violence c... 
Myanmar forces terrorised Rohingyas... 
Deepika draws Irani's attention to ... 
Diwali gift for soldiers: Governmen...