7 months ago

UPI to debut in Japan: India's digital payment network expands globally

UPI to debut in Japan: India's digital payment network expands globally
UPI to debut in Japan: India’s pioneering digital payment network expands global footprint · firstpost.com

India's UPI, a popular digital payment system, is coming to Japan.

A Japanese company called NTT Data is working with India's NPCI to let Indian tourists use UPI in Japan starting in 2026.

This means Indian visitors can pay directly from their Indian bank accounts without needing special cards or wallets.

UPI is already used in many countries and is very popular in India.

It's free to use and lets people pay with a single QR code.

The system is growing fast, with billions of transactions every year.

NTT Data helps businesses use UPI and thinks it's a great payment system.

Key facts

Countries with UPI
Bhutan, Singapore, Nepal, UAE, Sri Lanka, Qatar, Mauritius, France, Japan (trial)
UPI Launch Year
2016
UPI Transactions in 2024
185.8 billion
UPI Transaction Growth in 2024
42%
Global Instant-Payment Transactions via UPI (2023)
49%
NTT Data's Payment Terminals in India
6 million
Trial Start Year in Japan
2026

Quotes

Takeo Ueno

CEO of NTT Data Payment Services India

“innovative”
firstpost.com
“state of the art”
firstpost.com

Sources

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