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What is the limit of money they can pay you monthly?

What is the limit of money they can pay you monthly?

Yape, a popular mobile payment platform in Peru, has simplified financial transactions for many users. However, it is important to know the limits set by the application to avoid surprises when making transfers.

The digital wallet has a monthly limit of money you can receive, established for both security and regulatory reasons. In this note, we will provide you with detailed information on what this cap is and how you can manage your transactions effectively within the restrictions set by the platform.

Yape: how much money can you receive at most per month?

From April 1, the monthly money receipt limit in Yape will be 5 tax units (UIT), equivalent to S/25,750. This measure guarantees safe and efficient management of your finances. If your income exceeds this amount, Yape offers a solution: Yape Empresa.

What is Yape Empresa and what are its benefits?

Yape Empresa is an advanced option within the application, designed to facilitate business administration. With this profile, you can receive up to S/5 million monthly, add assistants and accept card payments.

Yape Empresa has no cost, but there is a collection service charge. Furthermore, the option of assistants offered by this modality seeks to facilitate the supervision of your business, but at the same time it gives them limited access, since they will only be able to see the sales of the day, but not view the balance or make payments or payments.

How much money can you spend at most?

With Yape, you can make transactions of up to S/950 in a single operation. However, this expanded limit is valid only for accounts associated with the Banco de Crédito del Perú (BCP) and registered with the National Identity Document (DNI). The maximum amount of unextended yapeo for all users is S/500 per day.

How to increase the amount of daily yapeos to S/950?

To increase your daily yapeo limit to S/950, follow these simple steps:

  1. Access your account in the Yape app.
  2. Select ‘notifications’ and then ‘yap up to S/950 per day’.
  3. Click ‘change limit’ and verify your email.
  4. Enter the validation code received and confirm your ID or cell phone number.
  5. Finally, click ‘change limit’ to complete the process.

Yape: what should you know about the extension of the maximum amount?

When expanding your Yapeo limit, remember that it is only applicable to Yape accounts with BCP and DNI. If you make transactions greater than S/500, a validation code will be required by text message. To revert the limit to S/500, simply follow the same procedure and select ‘change maximum amount’.

How to create an account on Yape?

Creating an account in Yape is a simple and quick process that will allow you to enjoy all the advantages that this application offers for your financial transactions. Follow these steps to get started:

  1. Download the application
  2. Open the app and select ‘Create account’
  3. Enter your mobile number, provide your mobile phone number and wait to receive a verification code via SMS.
  4. Enter the verification code you received on your cell phone to confirm that the number is correct.
  5. Enter your National Identity Document (DNI) and your email. Make sure this data is accurate, as it will be used to validate your identity.
  6. Set a 6-digit password that you will use to access your account. Choose a combination that is easy for you to remember, but difficult for others to guess.
  7. Select if you want to create the account only with your ID, with a debit card from Banco de Crédito del Perú (BCP) or with a card from another bank.
  8. Answer some security questions to confirm your identity.
  9. Once all the steps are completed, select ‘Continue’ and that’s it! You now have your Yape account created and ready to use.

Source: Larepublica

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