New commission in Yape: who will be charged 2.95% per transfer and for what reason?

The digital wallet Yape, an application developed by the Banco de Crédito del Perú (BCP), presented a new commission of 2.95% on transfers made in its application. This change, which came into effect this year, seeks to cover the operating costs of the platform and offer additional services to companies who use Yape for their daily transactions.

This new cost could directly affect small and medium-sized businesses that depend on Yape for your commercial transactions. In order to better understand this measure and its implications, we present the specific details on who it applies to.

Will Yape start charging a new transfer fee to all its users?

The new commission of 2.95% in Yape does not affect all users of the platformbut specifically to those who use the profile Yape Companies. This profile is designed to facilitate business operations by providing advanced financial management tools. Transfers made from personal accounts are not subject to this commissionallowing individual users to continue using the service without additional costs.

Yape Companies offers businesses the ability to handle large volumes of transactions, integrating functionalities that simplify accounting and financial control. However, the introduction of this commission represents a new cost that companies should consider when planning their transactions.

Yape Empresas: what are the benefits of this new service?

The profile of Yape Companies has been designed to meet the specific needs of companies that require efficient and secure handling of their financial transactions. Among the benefits offered by this service are detailed reports of movements, integration with accounting systems, and personalized attention. These functionalities allow companies to maintain control over their finances, facilitating decision-making and economic planning.

Besides, Yape Companies guarantees the protection of financial data and offers technical support to resolve any inconvenience that may arise during operations. These are all the advantages it offers Yape Companies:

1. Receive amounts greater than 5 UIT, that is, more than S/25,750 per month.
2. Payment of services up to S/3,000 per day.
3. Access to a sales and income report for a period of 90 days.
4. Helper profile: allows a person to verify sales and collections made by Yape, without sending money, seeing balances or changing the account. Maximum 5 people.
5. Access to YapePos: allows payments through credit or debit cards, without memberships or affiliations, but with a commission per transaction.
6. Personalized and priority service channel via WhatsApp.

Since when is Yape Empresas available?

Yape Companies was launched on the market in April 2024coinciding with the implementation of the new 2.95% commission in commercial transfers. Since its launch, the platform has sought to offer a specialized service to companies. This is the criteria for charging transaction fees:

1. The charge will be based on the company’s daily sales. For example, if the company collects S/1,000 in one day, S/29.50 will be deducted, leaving a profit of S/970.50.
2. This procedure will be applied every day of the month in which transactions are recorded.
3. At the end of each month, users will receive a payment receipt that will include all amounts deducted during that month.

He Credit Bank of Peru (BCP) announced the launch of Yape Companies in advance, allowing companies to prepare for the changes and adapt to this new financial manager. With this new profile, the BCP offers solutions that respond to the specific needs of businesses in the current context. Companies that wish to use this service must meet certain requirements and register their business on the platform to access all available features.

Yape: only for these two reasons will they charge you a transfer fee

As mentioned earlier, Yape will begin to charge commission for transfers made under the profile of Yape Companies. This new feature provides benefits to companies in order to help better manage the day’s profits.

On the other hand, Yape also charges a commission by transfer when using its service Yape POS. This feature is exclusive to profiles Yape Companysince it gives them the opportunity to make payments through any means of payment. This includes credit cards, debit cards, transfers, among others. Yape POS has a transaction fee of 3.45% plus VAT.