Starting next April, Yape, the renowned mobile payments and lending platform in Peru, will implement changes to the money receipt limits. This setting is essential for users who carry out financial transactions through the application, as it establishes the maximum amount that can be received monthly.
In this article, we will provide you with essential details about this change and how you can adapt to the new changes made by the platform.
How much money can they give you at most per month?
Starting April 1, the monthly money receipt limit in Yape will be set at 5 tax units (UIT), which is equivalent to S/25,750. This measure seeks to ensure safe and efficient financial management for users. If your monthly income exceeds this limit, Yape offers you an alternative solution: Yape company.
What is Yape company and what are its advantages?
Yape company is not an independent application, but a profile within the Yape app itself. By activating this profile, you will access benefits specially designed for businesses, such as the possibility of receiving up to S/5 million per month, adding collaborators to your account and accepting card payments.
Although Yape company does not have a fixed cost, a charge of 2.95% is applied to the total yapeos received daily.
Can I disaffiliate from Yape company and return to the normal version?
Yes, it is possible to return to your profile Yape above at any time, but keep in mind that you will lose the benefits associated with Yape company.
By disaffiliating, you will have access to Yape company until 11:59 pm on the day you carry out the action. Additionally, if you have received QR transactions or yapeos to contacts or non-contacts during that day, you will be charged 2.95% of the total amount.
How can I add collaborators to my Yape company profile?
To add collaborators to your Yape company profile, follow these steps:
- Enter the Yape application and select your Yape company profile.
- Within the Yape company profile, search and select the option that allows you to manage your account or your collaborators. This option could be called ‘collaborator management’, ‘team’ or something similar.
- Choose the option to add a new collaborator. Generally, you will be asked to enter the collaborator’s information, such as their name, cell phone number, and the role they will play within your business.
- Depending on the Yape company structure, you can assign different levels of permissions to your collaborators. These permissions may include the ability to collect payments, view transactions, or manage specific aspects of the business.
- Once you have entered all the information and assigned the appropriate permissions, confirm and save the changes.
- The collaborator you have added will receive a notification or a message with instructions to access their collaborator profile in Yape company.
It is important to remember that, as the owner or administrator of the Yape company account, you have the responsibility of properly managing the access and permissions of your collaborators to ensure the security and correct functioning of your business.
How to create a Yape account?
Creating an account in Yape is a simple process that will allow you to take advantage of all the advantages of this application for your financial transactions. You just need to follow these steps:
- Download the application and open the app.
- Select ‘create account’ and enter your mobile number. Wait to receive a verification code via SMS.
- Enter the verification code and confirm your cell phone number.
- Enter your National Identity Document (DNI) and your email. Make sure this information is correct.
- Set a 6-digit password to access your account.
- Choose if you want to create the account only with your ID, with a BCP debit card or with a card from another bank.
- Answer a few security questions and select ‘continue’.
Once these steps are completed, you will be ready to use your Yape account!
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.
