Xiaomi Portugal Archives - Gizmochina

Xiaomi clarifies that the crypto-accepting Mi Store in Portugal is a third-party store

Jed John Ikoba — Tue, 10 Aug 2021 13:09:41 +0000

A couple of days back, we brought you a report that Xiaomi‘s Mi Store in Portugal was now accepting payments using cryptocurrency including Bitcoin, Ethereum, Tether, and even Dash for the purchase of smartphones, smartwatches, as well as other smart home products and devices. The move was said to be in partnership with Utrust, a Swiss cryptocurrency payment service provider, to support payment via digital assets in the region.

The news came as a surprise since Xiaomi is a Chinese company and the Chinese government had placed a ban on cryptocurrency. In a bid to avoid creating confusion, a Xiaomi spokesperson a few days back issued a statement on Weibo which clarified that the Mi Store in Portugal which announced the acceptance of cryptocurrency, is an authorized third-party partner which operates independently locally and “is not related to the operation of Xiaomi”.

The clarification could be a move to absolve the Chinese tech giant of any legal liability considering the stance of the Chinese government about cryptocurrency. However, a different rule applies in Portugal where the government is friendly towards cryptocurrency with favorable tax laws. Thus, it is no surprise the brand’s Portugal franchise is adopting crypto using the brand name without issuing a disclaimer in the local market. Moreso, Xiaomi’s founder Lei Jun had long been linked with the world’s largest bitcoin mining company – Bitmain.

Xiaomi store starts accepting Cryptocurrency payments in Portugal

Sean — Fri, 06 Aug 2021 09:30:43 +0000

Xiaomi has apparently started accepting cryptocurrency payments in Portugal. The company official retailer, Mi Store Portugal, has recently made the decision to accept payments from known digital currencies like Bitcoin and Ethereum.

According to a BolNews report, the Chinese tech giant may now support payments from Bitcoin, Ethereum, Tether, and even Dash for the purchase of smartphone, smartwatches, along with other smart home products and devices. Xiaomi has partnered up with Utrust, a Swiss cryptocurrency payment service provider, to support payment via digital assets in the region.

As per Pedro Maia, head of marketing at Mi Store Portugal, “We are a technological, innovative and disruptive brand. That’s why we always want to be one step ahead. We want to give the possibility to all true technology fans to buy their favorite gadgets with what is currently the most technological money.” For those unaware, Portugal is one of the governments that is friendly towards cryptocurrency among the various European nations due to its tax laws.

So, it arrives as nor surprise that the brand has chosen Portugal as a trial run for digital asset payments. Notably, while the South Korean smartphone maker Samsung also launched a blockchain wallet back in 2019, its retail stores have yet to accept cyrptocurrency.

Xiaomi Expected To Make Official Entry into Portugal Next Week

Jed John Ikoba — Fri, 23 Mar 2018 11:34:58 +0000

Xiaomi continues to expand its presence in Europe. Not so long after the Chinese firm made an entry into Spain, the company is not set to formally enter Portugal. Xiaomi already has a large following in Portugal and is said to be one of the most sought-after brands in the Southern Europe country. A network of small importers and online stores but the product may be available as early as next week in the country.

According to our source, Xiaomi’s products will be available to buy on official channels from next week and this will come with a warranty, after-sales support, and promotions. Already, the products are said to have arrived distribution centres in Portugal and all logistics are in place to ensure a successful entry.

As for the products that would be available, fans in Portugal should expect to see the Xiaomi Mi A1, Mi Mix 2, Redmi 5, Redmi 5 Plus, Redmi 4X, Redmi 5A, Redmi Note 5A, Redmi Note 5A Prime, and Redmi Note 4. These devices are the ones that are confirmed already but there may be other products coming as well. The models from the Chinese manufacturer will be available through retailers, including Worten, Fnac and Media Markt. We must admit, though, that these details have not been officially confirmed by the Chinese tech giant. So all you Mi Portugal fans, don’t get your hopes too high but just keep your eyes wide open when next you visit these stores to see if you’ll find a Mi product on the shelves.

(source)

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