You can now buy physical 24 Carat GOLD using Xiaomi’s Mi Pay App

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Akshay Tritiya Special: You can buy 24 Carat Gold on Xiaomi’s Mi Pay App and get a physical delivery

The situation in India is really bad given the Corona Virus pandemic. However, there many among us who buy Gold to mark the Hindu auspicious time in the year. Akshaya Tritiya, also known as Akti or Akha Teej, signifies the “third day of unending prosperity.” This year, we cannot walk to the Jewelry store to buy the Gold as there is a lockdown in effect across the length and breadth of the country.

Buying gold on Akshay Tritiya has nothing to do with being rich or poor. In fact, it is a day of prosperity according to the Hindu calendar. While this Akshay Tritiya you can’t visit the jeweler, you can indeed buy the quintessential 1 gram of 24 carat gold to herald a prosperous new year through Apps like Xiaomi’s Mi Pay app or Google Pay and PayTM.

Xiaomi’s Mi Pay now allows users to buy and sell gold in real-time. Xiaomi has partnered up with a gold investment startup SafeGold to deliver the physical quantity of the 24-carat gold. Gold purchased on the Mi Pay app can be saved in a vault. You can either sell it online or take delivery. If you sell the gold, the money will be instantly transferred to your bank account. Alternatively, the consumer can also opt to get the gold delivered at their doorsteps. It is worth noting that the 24-karat gold purchased will be securely stored with vaulting firm Brink’s India.

In order to start purchasing and selling gold, you need to download the Xiaomi’s Mi Pay app from here. Once installed, find the new dedicated Gold option. Here, you can buy/sell or store gold as you wish.

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