Already available in China, the Xiaomi Mi Pay mobile payments service has been tested in India in the second half of 2018. In the meantime, the Chinese company obtained the approval of the Reserve Bank of India, and Mi Pay is now ready to take on PayU, WhatsApp Pay, and the other similar services.
https://www.notebookcheck.net/Xiaomi-finally-launches-its-mobile-payments-service-in-India.414716.0.html