There is only one day left for the Yape and Plin digital wallets to start operating with each other. According to the regulations published by the Central Reserve Bank of Peru (BCRP), these Applications they must be interconnected for users to send and receive money. How will the transfers and what will be the top of transactions daily? We tell you here.
He BCRP gave this regulation through the “Regulation of interoperability of payment services provided by providers, agreements and payment systems” to digital wallets in order to improve efficiency in the payment market in Peru. In this circular, indicates that March 31, 2023 is the deadline for Yape and Plin to complete interoperability.
How will the transfers between Yape and Plin be?
in communication with The Republic, Yape indicated that for this first installment, the transfers will be through the cell phone number and the operating cost will be totally free. In the second phase, scheduled for June, the transfer can be made via QR code.
“Yape was born with the aim of being interoperable and free, so our yaperos must have the peace of mind that they will not be charged a single sol for the transfers to other wallets”previously pointed out to this newspaper Miguel Ibáñez, product owner of Yape and leader of the interoperability process.
Yape and Plin: what will be the daily transfer limit?
Currently, Plin It allows you to transfer a maximum amount of S/1,500 per day and S/500 for operations. This balance will also be maintained for the interoperabilityso users will be able to carry out shipments for up to that total amount of money.
In the case of Yape, the BCP digital wallet will maintain the current conditions and amounts of transfers. A day, you can pay a maximum amount of S/500.
Source: Larepublica
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