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Can I have Yape if I am 16 or 17 years old?

Can I have Yape if I am 16 or 17 years old?

In a time where technology advances by leaps and bounds, the financial inclusion of the youngest has become a priority. Yape, the popular mobile payment application, presents an interesting solution for parents and children. This system allows minors to manage their finances safely and efficiently, under the supervision of a responsible adult.

Yape allows parents to open additional accounts in their name for the exclusive use of their minor children. In this way, adolescents can manage their finances and gradually acquire responsibilities in economic matters. Below, we detail how to create this type of account and give you a guide on everything you can do if you have an account in this application.

Can 16 and 17 year olds have Yape?

The answer is affirmative. Parents can open an additional account on Yape in their name, intended for the exclusive use of their children under 18 years of age.

This account is linked to a different mobile device, allowing teens to make transactions independently, but always under adult supervision.

How to get Yape for a minor?

To register a minor in Yape, the process is practical and simple. Simply download the application on a new mobile device and select the ‘only with your ID’ option as the affiliation method.

It is important to remember that the data recorded must be those of the responsible adult, not those of the minor. If the adult already has a Yape account with a DNI, they can choose to create an account BCP complementary to link it to Yape. In this case, there are 2 options:

  • If you have a joint account with your children, you can download Yape on the new cell phone and create the account with your data as the owner of the joint account.
  • If you have another BCP account, you can download Yape on the new cell phone and create the account with your data as the cardholder of said account.

It is important to emphasize that the data of minors will always be protected, since the cell phone will be in the name of the responsible adult and their data will appear when yapping.

What is Yape with DNI?

Yape with DNI is a registration method that allows users to access the application without having to have a bank account.

Upon joining, a Yape savings account is automatically created at BCP, which simplifies the financial inclusion process and provides a practical solution for those who do not have a debit card. Additionally, with this type of account, you can withdraw up to S/500 at BCP agents or agencies.

What can I do with Yape?

The possibilities are vast: from making payments at more than a million merchant establishments to sending collection notifications to friends and family.

Likewise, Yape allows you to consult financial transactions, view balances, pay for basic services and recharge your cell phone, all from the comfort of a smartphone.

Source: Larepublica

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