Hyderabad: The Telangana state government will be launching its T-Wallet as an "anytime anywhere digital payment option for everyone" on Thursday.
The government wanted to issue the app within a few weeks after the demonetisation last year, but it got delayed due to various reasons like the Centre launching a similar app, BHIM.
According to officials the USP of T-Wallet is its nominal costs for private transactions and zero charges for paying electricity and water
bills, property taxes, RTA challans. This is first such initiative by any state government.
It may be recalled that NDA government, which launched BHIM (Bharat Interface for Money) to promote e-payments, appealed to all states to take steps to promote digital transactions and Telangana government acted on it proactively.
Government officials stated that Chief Minister K. Chandrashekar Rao wanted the IT department to ensure that the app was user friendly and fully secure.