Hyderabad, June 5 (UNI) India’s first state-managed digital wallet, T Wallet, has reached 16 lakh registered users and processed over 4 crore transactions since its launch in 2017, the Telangana government said here on Thursday.
Introduced during the 2016 demonetisation, T Wallet continues to drive digital payments across the state.
The wallet provides multiple services, including IMPS-based real-time bank transfers, utility bill payments, service fee payments, and merchant transactions, the state government's Electronic Service Delivery (ESD) wing under the ITE&C Department said.