NIPL Signs MoU with NTT DATA Japan for UPI acceptance in Japan

Current Context: On 14 Oct 2025, NIPL (NPCI International Payments Ltd) signed an MoU with NTT DATA Japan in Tokyo.

• The aim is to enable UPI acceptance for Indian tourists at NTT DATA‑linked merchants across Japan.
• NTT DATA operates CAFIS, Japan’s largest card payment network, providing a strong backbone for UPI integration.
• This marks UPI’s first formal entry into East Asia, expanding its global footprint beyond 9 countries.
• The move will boost digital payment convenience, tourism, and Indo‑Japan fintech cooperation.

Question:

Q.1 What is the main objective of the MoU between NPCI International Payments Limited (NIPL) and NTT DATA Japan?
a) To launch a digital yen project
b) To enable Unified Payments Interface (UPI) payments for Indian tourists in Japan
c) To develop a new mobile wallet for Japanese citizens
d) To facilitate cryptocurrency exchange

Answer: b) The MoU focuses on allowing Indian tourists to make UPI-based digital payments at NTT DATA-linked merchants, improving convenience and cross-border payment experience.