Xiaomi has become quite popular since the time it made its entry in India. Right from smartphones to fitness bands, to laptops to power banks it has spread in every field. It is now soon expected to come up with Mi Credit service in India. Read more at bgr.in
In the month of March, it already launched Mi Pay app in India. Xiaomi Mi Credit was already in the testing mode since quite some time and will soon make its entry in India.
However, there is a privacy concern related to the launch. There seems to be immense collection of data from Xiaomi.
It also mentions that the information can be used with third party providers.