He Peru has experienced remarkable progress in terms of digitization and financial inclusion in recent years, and digital wallets have emerged as the most influential factor in this development. According to the study carried out by Kaspersky and market analysis firm bodyentitled “The state of use and security of digital payments in Latin America”, the […]
Tag: digital wallets
Peruvians use less and less cash, according to the World Bank
The debit card usage rate more than doubled in Peru, going from 9% in 2019 to 20% in 2022. Meanwhile, the use of cash as transaction value dropped to 37% last year, when in 2019 this rate rose to 60%according to World Bank figures. During the 2019-2022 period, according to a study by the Global […]
Digital wallets will be the most used means of payment in five years
Leaving home without a cell phone today seems impossible, and it almost is, since thanks to this device we can carry out different transactions, such as buying a bottle of water at a winery or paying for a taxi service. When a group of banked adult Peruvians was asked what payment method they used in […]
They seek that the payment of remunerations be made through digital wallets
Congresswoman Silvia Monteza Facho, from the Acción Popular bench, proposes that digital wallets be enabled so that workers in the public or private sector can receive their salaries. The objective is to broaden the scope of this tool to promote financial inclusion. It is detailed that the number of digital payments in Peru per capita […]
Yape and Plin: why aren’t transfers enabled for everyone and how much is the fine for delays?
Since the Central Reserve Bank of Peru (BCRP) reported that Yape and Plin will be interoperable, users of both digital wallets They were expectant of the date and details of what this new function would imply. However, from March 31, the maximum period available to specify the interoperability, the results have not been as expected […]
67% of Peruvians prefer digital wallets for their payments
As a result of the pandemic, online purchases became more relevant, and this meant that the increase in users in digital wallets, they recalled from Omnicom Media Group (OMG) in their study “Third wave: 1,000 Peruvians say.” Thus, 67% of citizens claim to have used mobile applications such as Yape and Plin to make money […]
Yape and Plin since April 1: what will the transfers be like and up to what amount?
There is only one day left for the Yape and Plin digital wallets to start operating with each other. According to the regulations published by the Central Reserve Bank of Peru (BCRP), these Applications they must be interconnected for users to send and receive money. How will the transfers and what will be the top […]
Yape plans to reach 15 million users by the end of 2023
30% of purchases made online in Peru are paid from digital wallets at the end of 2022, which has had continuous growth in recent years, according to the report on the digitization of banking by Banco de Crédito del Perú (BCP). Among the most popular wallets is Yapewhich by the end of 2023 plans to […]
Yape and Plin: since when can transfers be made between both digital wallets?
Around 12 million users will benefit from the interoperability of Yape and Plin. How and from when can transfers be made? Every day, thousands of users use digital wallets such as Yape and Plin to make money transfers to their contacts in the easiest way, without having to go to an agent or financial institution. […]
They will activate 2 million new DNI accounts before May
In the middle of last year, the creation of the DNI Account of the Banco de la Nación was arranged, in order to bankarize citizens from 18 years of age. This will be mandatory; that is, every person of legal age will have an account of this type, whether they use it or not. The […]