Why will Yape charge a commission on its new service and to whom will the measure apply?

Yape is a Peruvian mobile application that allows you to make money transfers quickly and safely. It is characterized by its ease of use, since transactions can be carried out only with the recipient’s cell phone number. In addition to transfers, it offers services such as cell phone recharges, payment for services, purchases at affiliated stores and, more recently, a new functionality known as Yape Companies.

This is a unique service intended for large corporations, whose objective is to simplify business administration and improve sales tracking. This innovative solution, created to respond to the specific requirements of the companies, includes a free one-month trial offer. This promotion is open to entrepreneurs interested in joining the new Yape functionality until April 30 of the current year.

Why will Yape charge for its latest service?

After the trial period ends, an automatic subscription charge will be implemented, granting access to a variety of in-app benefits. It should also be noted that, in December of the previous year, the digital wallet of BCP announced that the maximum monthly limit to receive transfers through Yape will be 5 UIT (Tax Tax Units), equivalent to S/25,750.

How much is the commission that Yape Empresas charges?

According to the information available on the official website of Yape and your posts on social networks, the implementation of this new feature for companies is voluntary and involves a fee for the collection service.

The applicable cost is 2.95% on the total amount of daily sales made through QR code, contact transactions and through a new cell phone number.

What are the benefits of Yape Empresas?

Below, we share the main benefits of Yape Companies:

• Accept transfers through Yape that exceed S/25,750 per month (5 UIT) and manage payments for services up to a limit of S/3,000 per day.
• Access to download detailed reports on sales and transactions carried out in the last 90 days, which provides a clear view of the income and expense flows of the business.
• Incorporate ‘helper’ profiles within your Yape structure, allowing selected employees to confirm successful sales execution through their own accounts. This approach frees the owner from the need to personally monitor transactions or leave their mobile device at the workplace.
• Connect your Yape Empresa account with the Yape POS system, enabling the acceptance of payments via credit cards, which expands the payment options available to customers.
• Benefit from personalized customer service through WhatsApp, ensuring efficient and direct support for any queries or problems that may arise.