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FUIB clients will be able to make contactless payments for purchases with the new Mi Smart Band 6 NFC fitness tracker
23 October 2021
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First Ukrainian International Bank (FUIB) in partnership with Mastercard gives their clients the opportunity to make contactless payments for purchases with Mi Smart Band 6 NFC – a new version of the popular fitness tracker with the contactless function. The payment functionality is a joint development of Xiaomi and Mastercard global technology companies and is available exclusively to the holders of Mastercard cards.

Mi Smart Band 6 NFC is a new representative of Xiaomi's most popular line of wearable devices with an emphasis on contactless payments. The new version of the tracker supports NFC technology, which makes it a fast, secure, and convenient way to make payments.

“Contactless payments with gadgets, including wearable devices, are fast and secure: when you make a payment, all your card data is encrypted, which provides the maximum level of transaction protection. Holders of FUIB cards are already accustomed to this level of convenience and comfort, so we continue to work on expanding the list of payment instruments for our bank's customers. From October, FUIB clients will be able to make contactless and secure payments for their purchases with the help of Mi Smart Band 6 NFC fitness tracker,” commented Dmytro Dudnyk, director of FUIB department of retail business products

How to enable payments by a Mastercard card with the help of Mi Smart Band 6 NFC?

●       Install the Xiaomi Wear (Android) or Xiaomi Wear Lite (iOS) mobile app, log in using your Mi Account (or create a new one) and select the "Ukraine" region

●       In the "Devices" tab, select "Mi Smart Band 6 Fitness Tracker" and activate it.

●       Set a PIN.

●       Go to the "Xiaomi Pay" tab, fill in your Mastercard card details, and confirm authorization via an SMS to complete activation.

How to make payments with the help of Mi Smart Band 6 NFC?

  • Activate the tracker by tapping the screen.
  • Go to the cards section by simply swiping to the left from the main screen.
  • Tap on the arrow to activate your payment card. Enter a PIN, if required.
  • To make a payment, simply hold the tracker near a payment terminal.
  • After activation, the card will be active for 60 seconds or until payment is made.

"According to a study by MasterIndex, 40% of Ukrainians currently make payments with NFC gadgets, and 57% would like to make such payments in the future. Such openness to innovation allows Ukraine to consistently be not only in the TOP countries in the world in terms of the number of payments by gadgets with Mastercard, but also in the top three European countries in terms of the number of payments by wearable devices, such as fitness trackers. Wearable devices allow you to make payments as easily and conveniently as possible, and each payment is securely protected thanks to the Mastercard digital platform, which provides tokenization and encryption of card data during payment," said Yuriy Batkhin, Vice President of Mastercard Business Development in Ukraine and Moldova.

Mi Smart Band 6 NFC has a 1.56-inch full-screen AMOLED display, which shows images with a pixel density of 326 ppi. The device offers a total of 30 different types of training, including automatic detection for the 6 most popular types. Mi Smart Band 6 NFC, like the previous model, has a number of health monitoring functions, namely SpO2 measuring for the purpose of monitoring the condition of users' respiratory system, advanced sleep monitoring functions, stress level calculation, and breathing exercises, so that users can take their overall physical and mental health under control.

You can purchase Mi Smart Band 6 NFC at a suggested retail price of UAH 1,599 in authorized Xiaomi Stores, ALLO retail chain, and from official Xiaomi partners, including Rozetka, Citrus, Comfy, Foxtrot and Eldorado stores.

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About FUIB

First Ukrainian International Bank (FUIB) is a peer of the independent Ukraine. FUIB is included in the National Bank of Ukraine's list of systemically important banks of the country. FUIB is one of the 5 banks authorized to store cash reserves of the National Bank of Ukraine. According to the National Bank of Ukraine, FUIB is in the TOP-5 banks in terms of the portfolio of deposits issued to individuals. The international rating agency Fitch assigned the highest rating – equal to the state rating – to FUIB. 1.6 million individuals and 75,000 corporate clients trust the bank. 40 of the TOP-100 largest companies of Ukraine are clients of the bank.

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and was listed on the main market of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is an Internet company whose business is based on smartphones and consumer electronics connected to a single Internet of Things (IoT) platform. Xiaomi focuses on innovation and quality and is constantly working to provide users with high-quality balanced devices. The company creates great products at fair prices, so that people around the world can enjoy life through innovative technologies. Xiaomi ranked second in the world in terms of smartphone shipments in the second quarter of 2021. The company has also created the world's leading AIoT (AI + IoT) platform, to which 374.5 million smart devices – excluding smartphones and laptops – are connected. Xiaomi products are available in more than 100 countries and regions around the world. In August 2021, the company was included in the Fortune Global 500 list for the third time. It took the 338th place and improved its result by 84 positions compared to 2020.  Xiaomi is included in the following stock indices: Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index, and Hang Seng China 50 Index.

Follow the latest news about Xiaomi in Ukraine on the official Facebook and Instagram pages, on Xiaomi Ukraine channels on TikTok and YouTube, as well as on Mi Community Ukraine and the official Telegram channel.

About Mastercard

Masterсard (NYSE: MA) is a global payment technology company. Our mission is to develop and strengthen digital economy – which benefits everyone and everywhere – by ensuring performance of secure, simple, technological, and affordable transactions. By using secure data and networks, our partnerships, and energy, we deliver innovations and solutions that help people, financial institutions, governments, and businesses realize their full potential. Our culture and everything we do inside and outside the company are determined by the decency quotient (DQ). We do business in more than 210 countries and territories and create a sustainable world that opens up invaluable opportunities for everyone. www.mastercard.com

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