Indian vacationers who’re planning to go to Japan will quickly have the ability to make digital funds within the international nation utilizing their Unified Funds Interface (UPI) methods, because the Nationwide Funds Company of India (NPCI) has signed an MoU with NTT DATA, a digital enterprise and technology providers agency.
NPCI‘s subsidiary, NPCI Worldwide Funds Ltd., signed a memorandum of understanding (MoU) with NTT DATA’s Japanese counterpart on 7 October 2025, because the initiative goals to facilitate service provider transactions nationwide.
What is going to this initiative carry?
As a part of this settlement, NTT DATA Japan retailers will have the ability to settle for UPI funds, which is able to, in flip, allow Indian travellers visiting Japan to make digital UPI funds by scanning the QR codes on their cell gadgets.
NPCI and NTT DATA’s collaboration goals to make digital transactions simpler and cut back their dependence on money, bank cards, or different foreign exchange playing cards whereas individuals are travelling.
This transfer additionally goals to entry the potential of UPI for retailers and shoppers within the Japanese market.
“By initiating the partnership for UPI acceptance in Japan, we goal to make procuring and funds extra handy for Indian vacationers, whereas serving to Japanese retailers seize new alternatives,” stated Masanori Kurihara, the top of funds at NTT Information.
Enlargement of UPI
The Unified Funds Interface (UPI) system was launched in India in 2016, and since then, it has modified the way in which individuals perform digital funds and fostered monetary inclusion within the nation.
Based on NPCI knowledge for September 2025, India recorded a complete of 19.63 billion UPI transactions value ₹24.9 trillion that had been processed.
Mint reported earlier that UPI volumes elevated 31% on a year-on-year (YoY) foundation. The report additionally talked about that the overall worth of the UPI transactions stood at ₹24.85 trillion as of August 2025.
Rupay’s partnership with Japan’s JCB Worldwide
In efforts to spice up the worldwide journey expertise for RuPay JCB cardholders, the Indian international card fee community RuPay introduced a partnership with Japan’s JCB Co. Ltd subsidiary JCB Worldwide.
This transfer will allow the RuPay JCB cardholders to obtain 25% cashback for all Level of Sale (POS) transactions at shops in Indonesia, Malaysia, Singapore, Japan and the Philippines until 31 December 2025.
“RuPay’s partnership with JCB continues to create significant worth for our cardholders as they journey overseas. With the festive and year-end vacation season being one of many busiest durations for worldwide journey, this particular cashback program ensures that our prospects can take pleasure in better financial savings and comfort throughout 5 vibrant nations,” stated Kunal Kalawatia, the chief of merchandise and advertising and marketing at NPCI.
