Yape began, for the first time, operations outside the country and was established as a new digital wallet in Bolivia. After the launch, they seek to reach 2.5 million yaperos for the next year.
“With Yape in Bolivia we want to achieve a financial inclusion success story, replicating the progress that has been made in Peru, where 2.7 million Peruvians were included in the system for the first time,” said Raimundo Morales, CEO of Yape. .
It is important to highlight that Yape will replace the Soli Payments application, which has more than 800,000 users and processes around 5 million transactions per month. In addition, Bolivian users They will be able to yape, recharge their cell phone, pay with QR and pay for basic services through the app.
“The Bolivian payment ecosystem with QR has grown to 10 million transactions in recent months. With Yape we want to maximize that potential and increase transactions fivefold in a year,” added Morales.
In Peru, one in three adult Peruvians has Yape and more than 220 million transactions are made per month. Apart from its essential functions, such as QR payments and mobile recharges, Yape also offers interoperability with other wallets, online purchases, the payment button, loans and promotions, providing a complete and practical financial experience.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
