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Business partnership agreement

UPI Acceptance in Japan

Analysis based on 7 articles · First reported Oct 14, 2025 · Last updated Oct 19, 2025

Sentiment
60
Attention
4
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The partnership between National Payments Corporation of India — National Payments Corporation of India and Nippon Telegraph and Telephone — NTT Data to enable Unified Payments Interface (UPI) in Japan is expected to positively impact the tourism and financial services sectors in both India and Japan. It will simplify cross-border payments for Indian tourists, potentially increasing tourism revenue for Japan and strengthening the global presence of India's digital payment system.

Financial services Tourism Information technology

National Payments Corporation of India — National Payments Corporation of India (NIPL), the global arm of India — National Payments Corporation of India (NPCI), has signed a Memorandum of Understanding (MoU) with Nippon Telegraph and Telephone — NTT Data Japan to enable the acceptance of Unified Payments Interface (UPI) at merchant locations across Japan. This collaboration aims to simplify digital payments for Indian tourists visiting Japan, allowing them to make payments by scanning QR codes with their familiar UPI apps. Nippon Telegraph and Telephone — NTT Data Japan, which operates CAFIS, Japan's largest card payment processing network, will integrate UPI into its ecosystem. This initiative is a significant step towards expanding UPI's global footprint and enhancing the payment experience for Indian travelers, especially given the 36% increase in Indian tourists to Japan between January and August 2025. Officials like Ritesh Shukla of National Payments Corporation of India — National Payments Corporation of India and Masanori Kurihara of Nippon Telegraph and Telephone — NTT Data Japan have highlighted the partnership's importance in improving cross-border payments and offering more choices for inbound Indian travelers.

subs
National Payments Corporation of India — National Payments Corporation of India, the global arm of India — National Payments Corporation of India, signed an MoU with Nippon Telegraph and Telephone — NTT Data Japan to enable UPI acceptance in Japan, expanding its global footprint and enhancing digital payment experiences for Indian travelers.
Importance 90.0 Sentiment 70.0
subs
Nippon Telegraph and Telephone — NTT Data Japan, a subsidiary of Nippon Telegraph and Telephone — NTT Data, partnered with National Payments Corporation of India — National Payments Corporation of India to integrate UPI into its CAFIS network, offering more payment choices for Indian tourists and helping Japanese merchants grow their business.
Importance 90.0 Sentiment 60.0
govactor
India — National Payments Corporation of India's international arm, National Payments Corporation of India — National Payments Corporation of India, is expanding the global footprint of its Unified Payments Interface (UPI) by partnering with Nippon Telegraph and Telephone — NTT Data Japan.
Importance 70.0 Sentiment 70.0
per
Masanori Kurihara, Head of Payments at Nippon Telegraph and Telephone — NTT Data Japan, highlighted the collaboration as a milestone for expanding payment choices for Indian travelers and helping Japanese merchants.
Importance 50.0 Sentiment 60.0
per
Ritesh Shukla, MD & CEO of National Payments Corporation of India — National Payments Corporation of India, emphasized the partnership's role in enhancing digital payment experiences for Indian travelers and expanding UPI globally.
Importance 50.0 Sentiment 60.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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