Hyderabad, Sept. 16 -- Telangana's T-Wallet, India's only state-managed digital wallet, has processed more than Rs 36,000 crore in payments since its launch in 2017 and will soon add UPI integration, QR code-based purchases, and automated bill payments, according to state IT Minister D. Sridhar Babu.
The minister said the Immediate Payment Service (IMPS) feature was the "game-changer," accounting for nearly 90 percent of transfers, with over Rs 16,765 crore moved through 2.74 crore instant transactions. The facility allows citizens to transfer funds securely, 24x7, without being limited by banking hours.
T-Wallet, operated by the state's ITE&C Department, has 16.14 lakh registered users and has handled 5.83 crore transactions across mobil...