You can now spend more than S/950 a day!: find out how much the daily limit is and how to activate it

You can now spend more than S/950 a day!: find out how much the daily limit is and how to activate it

If you want to adjust your daily transfer limit on Yape, you need to follow a simple process in the app. Check out how to do it and the advantages of using this digital wallet.

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With the increasing use of digital wallets, Yape has established itself as an essential tool for banking transactions in Peru. Launched in 2016, this platform has revolutionized the way Peruvians manage their daily finances, facilitating fast and secure transfers.

He Credit Bank of Peru (BCP) has increased daily transfer limits on Yape, allowing users to select amounts that best fit their needs. Below, we explain how much you can transfer per day with Yape and how to adjust your limit.

What is the maximum amount you can yapping per day?

The Yape platform has set limits for daily transfers, allowing users to send up to S/2,000 per day. The available limits are:

  • S/500: ideal for users who make small transfers.
  • S/950: an intermediate limit that suits moderate transactions.
  • S/2,000: perfect for those who need to make larger transfers on a regular basis.

These limits give users the flexibility to manage their finances according to their individual needs.

Yape: How to change to the new amount of Yape per day?

Changing your daily Yape limit is a simple process that can be done directly from the app. Follow these steps to adjust your transfer limit:

  1. Open the Yape app and access the 3-line menu (☰).
  2. Select “Settings” from the drop-down menu.
  3. Go to the “Change my limit” option.
  4. Choose the daily limit you prefer: S/500, S/950 or S/2,000.
  5. Enter your validation code to confirm the change.

Once the process is complete, you will receive a confirmation email. If at any time you wish to return to your previous limit, you can follow the same steps to make the adjustment.

What are the limits for recharging money to my Yape with ID?

Yape also sets specific limits for balance top-ups on accounts linked to DNIs. These limits are designed to offer a balance between flexibility and security. The details are as follows:

  • Minimum amount per recharge: S/50
  • Maximum amount per recharge: S/950
  • Maximum daily recharge amount: S/2,000
  • Maximum number of daily recharges: 10

In which cases should I delete my Yape account?

There are specific situations in which it is advisable to delete your Yape account to protect your information and security:

  • Theft or loss of the device:If your phone is stolen or lost, deleting your Yape account is a preventative measure to avoid unauthorized access.
  • Change email: if you need to update the email associated with your Yape account.
  • Phone number update: in case you have registered with a document other than your ID and need to change your phone number.

These are the advantages of using Yape

Using Yape offers multiple benefits to users, notably its convenience and security. Some of the advantages include:

  • Instant transactions: Transfers are made instantly, making it easier to manage daily finances.
  • Easy to use: The app is intuitive and easy to navigate, making it accessible to users of all ages.
  • Security: Yape has multiple layers of security to protect users’ transactions and personal information.
  • Comprehensive coverage: With millions of users, Yape has become a widely accepted payment tool in businesses and between individuals.

Source: Larepublica

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