Payments Interface (UPI) in Japan, following a pact signed between NPCI International Payments Ltd (NIPL) and NTT DATA Japan, a leading player in the payments ecosystem.
In a statement issued on Tuesday, the National Payments Corporation of India (NPCI) said the Memorandum of Understanding (MoU) “established the foundation for a strategic alliance, marking a significant step towards Unified Payments Interface (UPI) acceptance in the Japanese market to enhance payment experience for Indian tourists”.
It further said that the pact will allow Indian tourists to make seamless payments at merchant locations acquired by NTT DATA by scanning QR codes using their familiar UPI applications.
“Through this collaboration, NIPL and NTT DATA Japan will jointly assess and work towards facilitating UPI acceptance across NTT DATA-acquired merchant locations throughout Japan,” it said.
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Between January and August, over 2.08 lakh Indian visitors travelled to Japan, a 36 per cent increase compared to the same period in 2024.
NPCI International MD and CEO, Ritesh Shukla, said the MoU with NTT DATA lays the foundation for enabling UPI acceptance in Japan.
“This partnership is an important step toward improving the digital payment experience for Indian travellers and simplifying cross-border payments”, Shukla said.
NTT DATA Japan operates CAFIS® - Japan’s largest card payment processing network.
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