Raif provides Mastercard holders with the possibility to make contactless payments with the help of Xiaomi Mi Smart Band 4 NFC. It is a special version of a fitness bracelet which supports contactless payments. It is an innovational product designed in partnership of Xiaomi and Mastercard.
To set up contactless payment on Mi Smart Band 4 NFC, you need to install on your smartphone Mi Fit application and add payment card (you can add up to 6 cards).
Install on your smartphone Mi Fit application from App Store or Google Play and activate your Mi Fit account with region/ country "Ukraine".
In the tab "Devices" select "Band" (Mi Smart Band 4 NFC).
Activate your Mi Smart Band 4 NFC with the help of Mi Fit application in your Mi Fit account.
Go to tab "Bank card" and fill in your Mastercard card details.
|Confirm authorization with SMS.|
To pay your purchases with Mi Smart Band 4 NFC you need to open menu "Cards", select one of the added cards and place the device near a terminal.
Payments by bracelet are protected by Mastercard tokenization technology, thanks to which the card number is replaced by a 16-digit token. These cards are stored in a secure NFC chip developed by NXP. Unauthorized access to this information is not possible and in case of loss of the bracelet Xiaomi has provided a number of safeguards that will protect the user's payment data from unauthorized access.
Yes, you can. All you need is a smartphone to download the application and enter the card details. The fitness bracelet itself is used for payment.
Fitness bracelet Mi Smart Band 4 NFC supports phones with Android 4.4 and newer versions and iOS 10.0 (iPhone 5s and newer devices) with Bluetooth 4.0; Android 6.0 or later is required to use the payment feature.
You can delete a token from Mi Pay directly in the Mi Fit app on your smartphone. You can also block or delete the token by calling the Raiffeisen Bank Aval Information Center.
You can add up to 6 bank cards to the bracelet.
To prevent this situation, we recommend that you configure the lock function in the removed state.
If the unlocked lock function is enabled, the password lock screen on the fitness bracelet is activated when it detects that it has been unlocked (this is necessary to protect your information).
You can configure this feature using the procedure below.
Select Off-wrist lock on the Profile> Mi Smart Band 4 NFC page in Mi Fit to open the settings screen.
On the Off-Wrist Lock Settings page, set the unlock password using the instructions.
After setting the password, you can check how the locked function works in the removed state on the Mi Band fitness bracelet.
If you forget your password, you can change it on the unlocked lock settings page.
If this feature is activated, an attacker who finds your fitness bracelet will not be able to use the data.
But in any case, be sure to contact the Information Center and delete the token.
There is a transaction history icon on the activated bank card details page. Click on it to open the relevant page and view the history. Only the last 10 transactions are displayed.
You can make a payment of up to 500 hryvnias without entering a PIN code.