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Here’s What IT Min Ashwini Vaishnaw Said On Japan’s Interest In Joining Indian UPI

19 May 2023

New Delhi: “Almost every global forum, whether G20, SCO or G7, wherever we are presenting PM Shri Narendra Modi’s Digital India vision, has very good traction. People understand how Modi ji has democratised digital technology. I thank the Japanese digital minister he has accepted PM Modi’s very deep and extensive vision of Digital India,” Minister of Electronics & IT, Railways and Communications Shri Ashwini Vaishnaw said in response to the statement made by Mr KONO Taro, Minister for Digital Transformation Japan, expressing interest in joining India’s UPI payment system.

Japanese Digital Minister Kono Taro earlier today said in an interview with a media channel (excerpts) – “We just had our G7 Digital Ministers’ meeting last month and we had our Indian Digital Minister Mr Vaishnaw join with us and right now, Japan and India are trying to promote a digital cooperation. We are now seriously thinking about joining Indian UPI, the payments system and also, we are contemplating how we can mutually recognise e-ID, for well – starting with cooperation, so we can increase interoperability.”

Japan is “seriously” evaluating adopting India’s UPI payments system as both governments look at promoting digital cooperation by creating interoperability where the digital payments system could bring ease of cross-border payments.

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Here’s What IT Min Ashwini Vaishnaw Said On Japan’s Interest In Joining Indian UPI

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