Telangana Government in partnership with financial technology startup Transaction Analysts has launched T-Wallet for both government and private transactions. By launching its official payment wallet, Telangana has become the first ever state supporting financial inclusion in the country.

Telangana state promoting digital payment

K T Rama Rao the IT Minister of state said, “After demonetization, Telangana Chief Minister K Chandrashekar Rao guided us in bringing about a seamless digital transaction system for the citizens, which led to the birth of T-Wallet.”

T-wallet is available on both Android and iOS platforms and it supports Telugu, Urdu and English language. Besides the mobile app, digital payment option will be available across formats such as online web browser, smartphone, feature phone and even without a phone.

Citizens, who do not have smartphones, can go to Mee Seva centres to open T-Wallet, load money and make payments. It can be used with nominal costs for private transactions while there would be zero charges for paying electricity and water bills, property taxes, RTA challans.

T-Wallet uses two-factor authentications, through Aadhaar+Biometric or Aadhaar+OTP to Aadhaar linked mobile number, for a feature and no phone users. It allows a maximum transaction of ₹1 lakh for e-KYC (know your customer) users. For non-KYC users, the limit is set to ₹20,000.

Just to recap the developments in this space, In December 2016, Modi launched the BHIM app for facilitating electronic payments by consumers. In March, the government launched Aadhaar Pay, a new Android-based smartphone app.