New is Better than old: Telangana state climbed one step up in technology.

Telangana government has partnered with financial technology startup Transaction Analysts to launch T-Wallet, the state’s official wallet for both government and private transactions .
This waleet is available for both ios and android plateform. This app will not only help citizens to make payments but also help government and citizens with government benifits like Pensions, scholarship and others.
“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,” said Telangana IT Minister K T Rama Rao. “This will help us in taking forward our growth story.”

The wallet which has been developed by Transaction Analysts will have Vijaya BankBSE as its banking partner. It uses two-factor authentication through Aadhar plus Biometric or Aadhar plus OTP (One Time Password) to Aadhar linked mobile number for a feature or no phone users, who can avail the services at MeeSeva or e-Seva centers.-Reported Economic Times

“T-Wallet is going to be the centerpieces for all transactions in the State,” said Srinivasa Katuri, MD, chief executive, Transaction Analysts, which was a part of the Microsoft Accelerator program