Are you one of the more than 15 million users who use Yes on your mobile phone? You might be wondering if this digital wallet charges any fees for using it. Since its creation in 2016, this app has become a tool that has facilitated the expansion of virtual micro-transfers, allowing you to send and receive money without resorting to bank transfers. However, due to the increased use of the platform, especially in the business field, Banco de Crédito del Perú (BCP) has decided to apply 2.95% commission for all transactions made from a business profile.
As mentioned above, the inclusion of this commission has raised concerns among users, who are now thinking about the situations in which this cost will be applied. and the impact it will have on your day-to-day operations. Below are the most important aspects of Yape’s new commission and who will be most affected by it.
How much commission does Yape charge for making transfers?
Before continuing, it is necessary to specify that Yape It has several categories within its implementation. These categories differentiate the profile of your users, depending on their needs. This is where you define the account types that will receive a discount on each transfer they make. This is the case of Yape Companiesan additional modality designed for large companies to use Yape as a payment method, providing another option to collect their goods and services.
Among its features, it allows you to add “Assistant” profiles, who can verify payments from their own devices, eliminating the need for the business owner to constantly review transactions. Regarding Yape Empresas profiles, the application cuts a 2.95% commission of the total payment for the day. In other words, if the company charges S/ 1,000 in transfer, Yape will deduct 29.50 coins, leaving the company with S/ 970.50.
For the rest of the profiles affiliated with Yestransactions are free of commission. Likewise, there is no membership or maintenance fee when using the digital wallet.
Yape Commission 2024: the benefits of the Yape Empresas service
- Ease of use: Businesses can receive payments quickly, without requiring the opening of an additional bank account.
- Full transaction record: the platform provides a detailed history of all operations, making accounting easier.
- Daily limit of S/3,000 for service payments.
- Access to sales reports: Users can view their income for a period of 90 days.
- Assistant Profile: This allows supervision of sales without accessing the main account, ideal for businesses with more than one employee.
- Access to YapePos: businesses can accept credit or debit card payments with no membership required, although they do incur a transaction fee.
- Personalized attention: Yape Empresas users have priority support via WhatsApp.
Can I join Yape without having a BCP account?
Yes is a digital wallet developed by the Banco de Crédito del Perú (BCP). Although at the beginning only users of this banking entity had access to Yape, now it is different. Yape allows affiliation with this service with other banks, still free of commissions or maintenance fees. Below, we present the list of banks associated with Yape:
- Mybank
- Huancayo box
- Ica Box
- Piura Box
- Tacna Box
- Box Trujillo
- City Fund
Not only Yape, what other digital wallets are there in Peru?
In Peru, as well as Yesthere are several popular digital wallets that offer different functionalities. The most notable are:
- Plin: created by BBVA, Interbank and Scotiabank, it allows you to make payments and transfers quickly and safely. Currently, it has around 9 million users and has partnered with Yape to facilitate transactions between the two platforms.
- Tunki: originally developed by Interbank, now called Izipay YA, allows collections and payments via Yape and Plin, as well as balance additions and service payments.
- BIM – This digital wallet allows users to send and receive money without needing a bank account. It is supported by 25 financial entities and facilitates access to financial services for the wider community.
- Agora PAY: combines a mobile application with a rechargeable VISA card, allowing users to securely manage their money.
What is the maximum amount of money you can deposit per day?
Yesthe money transfer service, after applying a modification to the maximum limit of money allowed per transaction. Initially, users had the opportunity to make payments of up to S/500 per day. However, with the recent update, a new limit S/950. It is important to note that both border options are still available to users. When downloading the application, the system includes the S/500 size as the default option, but users have the ability to adjust it according to their needs and preferences. This cap update aims to provide greater flexibility and convenience to users when conducting their transactions through Yes.
What is Yape and what are its functions?
Yape is a mobile application developed by Banco de Crédito del Perú (BCP) that allows you to make payments and money transfers quickly and safely using only the phone number of the recipient, without knowing their number bank account. Yape is a popular tool in Peru to send and receive money between friends, family, or to make payments in small businesses, thanks to its ease of use and the fact that it does not charge commissions for transfers between users. In addition, Yape allows you to link debit cards from other banks, expanding its accessibility.