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NTT Data and NIPL Sign MoU to Bring UPI Payments to Japan

15 October 20251 min read
BANKING & FINANCENTT Data and NIPLSign MoU to BringUPI Payments toJapan15 October 2025safalsetu.com

Why in the news

UPI is moving closer to Japanese shops. A tie-up between an IT services major and NPCI’s international arm aims to let Indian visitors pay the way they do at home.

Key facts

  • Parties: NTT Data and NPCI International Payments Ltd (NIPL).
  • Instrument: a Memorandum of Understanding.
  • Goal: UPI acceptance in Japan for Indian tourists, for smoother shopping and payment.
  • Joint work: evaluate merchant networks, regulatory compliance and technical enablement.

Significance

  • Japanese merchants gain access to a growing group of Indian visitors and may see higher transaction volumes.
  • The step supports taking UPI, India’s flagship digital payment system, global and strengthens cross-border payment links.

Exam angle

  • NIPL is the body that signed with NTT Data; the country is Japan.
  • Payment system involved: Unified Payments Interface (UPI).

Test yourself

1. NTT Data signed an MoU with which entity to enable UPI in Japan?

The partner is NPCI International Payments Ltd (NIPL).

2. The NTT Data and NIPL tie-up mainly targets which group of users in Japan?

The initiative targets Indian tourists visiting Japan.

3. Which Indian payment system is to be accepted in Japan under this MoU?

The MoU is about Unified Payments Interface acceptance.

This topic is part of Daily Current Affairs 15 October 2025 (16 topics).

All topics of the dayDay quizOctober 2025

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