Yape and Plin: more than a million daily transactions are made

Yape and Plin: more than a million daily transactions are made

Per month, users carry out around 300 million operations between digital wallets. Second phase of interoperability will conclude on September 13.

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The interoperability between Yape and Plin began operating at the beginning of May, after concluding all the deployment phases. As recalled, the Central Reserve Bank of Peru (BCRP)established the Regulation of interoperability of payment services provided by providers, agreements and payment systems.
To date, 12 million Yape clients and 8 million Plin clients carry out monetary operations with each other. As it was possible to know, the total number of transfers reached in June of this year, a month and a half after the launch, million daily operations and has just reached a peak of 1 million 400,000 as of August 31. Thus, 30 million operations are registered per month.

Likewise, the second phase of interoperability, which was previously going to end on June 30, has now been extended until September 13, and will include other banks, municipal and financial savings banks.

Subsequently, the third phase will be carried out, which includes 4 ITI dimensions (organizations and people, information and technology, partners and suppliers, and value flows and processes), which will conclude in December and will cover interoperable transfers that did not exist in the country. before March 31.

Source: Larepublica

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