Due to the countless rumors that Yape will begin to charge for its clients’ transactions, the leader of the platform, Rufino Arribas, decided to come forward and reveal 3 myths and truths regarding this new stage that will include the promotion of ventures.
With its 10 functionalities, Yape currently has more than 15 million yaperos, more than 2.5 million affiliated businesses, and of them, only 0.5% (about 12,500 nationwide) exceed the maximum amount of monthly receipt of 5 UIT that will now be subject to a charge.
“For the remaining 99.5% of businesses, the vast majority small and micro-enterprises, as well as for our 15 million Yaperos, Yape is and will continue to be free,” highlighted the representative.
Does Yape charge for your yapeos?
Does the Yape app charge for your yapeos? According to Rufino Arribas, this statement is false. Yape is and remains free for its more than 15 million yaperos.
No yapero is charged a commission for using yape when sending or receiving money directly to the cell phone number or through a QR code, the company reported.
If I reach the monthly yapeo reception limit, will Yape charge me?
This is also false. As communicated last December and in March, the maximum amount to receive yapeos is 5 UIT (S/25,750) per month. This limit is well above the average that Yaperos receive each month, so it will not affect their daily lives.
Yaperos who reach the limit during the month will not be charged any commission, but will not be able to receive more yapeos until the following month. This only applies to direct calls via cell phone number or QR code.
Will Yape automatically charge entrepreneurs?
No. If a business has a flow greater than the yapeo reception limit of 5 UIT per month, it can optionally contract the new exclusive Yape Empresa service.
This service has a cost of 2.95% on the day’s sales, and offers various benefits such as adding assistants, generating sales reports, sending limits and receiving higher yapeos, among others.
This daily rate is lower than the payment solutions market average, which is between 3.5% and 4% on each transaction. Users who join Yape Empresa have the possibility of disaffiliating from the service at any time.
Source: Larepublica

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