UPI International Payments Limited (NIPL), the international arm of India’s National Payments Corporation of India, signed a Memorandum of Understanding (MoU) with NTT DATA Japan on Tuesday. This agreement Japanese There is a big step towards accepting payments in the market, which will further enhance the payment experience for Indian tourists. Before Japan, UPI payments are also operational in France, Qatar and Singapore, Bhutan, Mauritius, Sri Lanka, UAE and Nepal, according to reports.
Under this partnership, NIPL and NTT DATA Japan will work together to enable UPI payments to all NTT DATA-affiliated merchants in Japan. The integration of UPI will help Japanese merchants make faster payments to customers, which will increase customer satisfaction and grow their business.
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Ritesh Shukla, Managing Director and CEO, NPCI International said, “This agreement with NTT DATA lays the foundation for UPI acceptance in Japan. This partnership is an important step towards improving the digital payment experience for Indian travelers and facilitating cross-border payments.” He also said that this partnership reflects India’s vision to expand UPI to more international markets.
This partnership is particularly important as over 208,000 Indians visited Japan this year (January to August), a 36% increase over the same period in 2024. According to information from NPCI, with the launch of UPI in Japan, Indian tourists will be able to scan QR codes using their familiar UPI apps and make payments conveniently at NTT DATA-affiliated merchants.
Speaking on the occasion, Masanori Kurihara, Head of Payments, NTT DATA Japan said, “This partnership is an important milestone as we expand payment options for travelers in India.” “Our goal in bringing UPI to Japan is to make shopping and payments more convenient for Indian tourists and to help Japanese merchants tap into new business opportunities,” he added.
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