Japanisseriouslyevaluating adoptingIndias UPI payments systemas both governments look at promoting digital cooperation by creating interoperability where the digital payments system could bring ease of cross-border payments. Japan and India aim to boost digital collaboration by creating interoperability through the real-time funds transfer system to ease digital payments.

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The potential for Japan to join UPI is significant. It would be the first major country to adopt the system, and it could help to boost digital payments in

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both countries. It would also be a sign of the growing cooperation between India and Japan in the digital space.