The deployment of interoperability between Yape and Plin has finished, with which more than 11 million users of both digital wallets will be able to carry out transactions between them just by updating their application. Yape specified that this new functionality It does not imply a merger of both companies, but it will be possible to transfer money between them using only the cell phone number.
“Yape was born with the aim of being interoperable and free. Today we want to welcome Plin users to the community of more than 11 million yaperos. This joint effort, in which the BCR and other banks also participated, is one more example that we continue to provide fast, simple and secure solutions to all our yaperos”, commented Rufino Arribas, leader of Yape.
As recalled, the Central Reserve Bank (BCRP) established that the digital wallets, Yape and Plin, had until March 31, 2023 as the maximum date for them to operate between them. While, no later than June 30, all financial entities that offer immediate transfer services through mobile applications will have to interoperate.
How to yape Plin?
To yape Plin you must enter the number of the other user, then choose the option “other banks” and select the destination wallet. In addition, if the user has his mobile number registered in more than one wallet, You must tell the person who will send you money in which wallet you want to receive it.
Keep in mind that these transactions are completely free, so no commission will be charged. Yape specified that, to date, this new functionality has completed 1 million transactions for more than S/100 million transferred.
Source: Larepublica
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