Tuesday, July 17, 2018
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
HUL's Q1 net profit up 19%...
World X Rally announces its Indian maide...
ED team in Singapore to track down Nirav...
Previous governments stalled decision on...
Mamata's hoardings at rally venue to wel...
Sugar production to be 35-35.5 million t...
More...
 
INDIA WORLD ASIA
Saudi Airlines flight from Riyadh to Dha...
Truck carrying illegally extracted sand ...
COMIO X1 note, CI Pro launched in Vizag ...
J&K BJP constitutes new team...
53 people rescued from Vamsadhara River ...
Anti-larva team detects 20 cases in Jala...
More...    
 
 Top Stories
Trump, Putin content with summit de... 
Drew Barrymore is off dating sites... 
Iran's army chief says US seeks ins... 
Jessica Simpson's husband makes her... 
Suspect in killing of Indian studen... 
US judge temporarily halts deportat... 
Anti-larva team detects 20 cases in... 
Pvt security agencies to protest le...