Freedom251 › Money Transfer Apps
Yape
by Yape
What Yape is
Yape is a free app for sending money, requesting loans and using additional services. It is made by Yape in Lima, Peru, and is available on Android, iOS, Huawei AppGallery and the web. Users can send money instantly with a QR code or cellphone number; Yape says these transfers have no cost or interest. Accounts may link to a BCP debit card, use DNI registration or connect cards from associated financial institutions. The app supports payments for utilities, telecommunications, insurance, education, online purchases and taxes. Eligible accounts can receive remittances in soles or dollars through partner services without a Yape fee. Loan requests are online and subject to credit evaluation. Yape Empresa adds sales reporting, multiple QR codes and business income tools. Businesses can add assistants, download reports and receive prioritized WhatsApp advisor support. Business security includes multi-factor authentication.
Who it suits
Yape suits people in Peru who need mobile transfers, bill payments, remittances or loan requests. Yape Empresa is aimed at businesses managing QR sales, assistants, reports and expenses.
What it does well
- Instant QR or cellphone transfers
- No stated transfer cost or interest
- Supports multiple payment categories
- Remittances without a Yape fee
- Android, iOS and web access
What to know first
- Loan requests require credit evaluation
- Daily sending limits apply
- Business QR receipts have limits
- Yape Empresa charges 2.95% of daily sales
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Yape regular | Sending and receiving money is free; BCP or DNI accounts can send up to S/ 2,000 daily; other financial institution accounts can send up to S/ 500 daily; maximum receipts are 5 UITs (S/ 27,500) monthly | Free |
| Yape Empresa | 2.95% on the day's sales received by QR, contact, or new number; no other charge stated · For businesses; personalized tariffs are offered for the web portal | On request |
As yape.com.pe lists them, read 11 Oct 2026. The maker's own page has the final word.
Verdict
Yape combines personal money transfers and service payments with optional business tools. Its free regular plan has account-specific limits, while Yape Empresa adds reporting and business features with a sales-based charge.
Facts from Yape's own pages
- Account types
- Yape offers accounts linked to a BCP debit card, registered with DNI, or linked to cards from associated banks or financial institutions. · yape.com.pe, 11 Oct 2026
- Business limits
- The Yape Empresa page says users can add up to five assistants, receive payments up to S/999.99 each, and download sales and transaction reports covering up to 90 days. · yape.com.pe, 11 Oct 2026
- Business support
- Yape Empresa advertises prioritized advisor support through WhatsApp. · empresas.yape.com.pe, 11 Oct 2026
- Business tools
- Yape Empresa provides a web portal with sales reporting and multiple QR codes, plus an app profile for managing income, expenses, available balance, supplier payments, and business credit requests. · empresas.yape.com.pe, 11 Oct 2026
- Credit eligibility
- Yape credit requests are online and subject to credit evaluation. · yape.com.pe, 11 Oct 2026
- Free plan
- Yes · yape.com.pe, 22 Sept 2026
- Headquarters
- Lima, Peru · yape.com.pe, 28 Sept 2026
- Maker
- The Yape Empresa site identifies Banco de Crédito del Perú as the company behind Yape. · empresas.yape.com.pe, 11 Oct 2026
- Mobile availability
- Yape's download instructions list Android Play Store, iOS App Store, and Huawei AppGallery. · yape.com.pe, 11 Oct 2026
- Mobile platforms
- both · yape.com.pe, 22 Sept 2026
- Payments
- Yape lets users pay for services including utilities, telecommunications, insurance, education, online purchases, and taxes through its service payment feature. · yape.com.pe, 11 Oct 2026
- Personal account security
- Yape says transfers to unknown people show only the sender's first name and surname, and users can set a daily transfer limit. · yape.com.pe, 11 Oct 2026
- Product
- Yape is an app for sending money, requesting loans, and using additional services. · yape.com.pe, 11 Oct 2026
- Remittances
- Eligible Yape accounts can receive remittances in soles or dollars without a Yape fee, through partner remittance services. · yape.com.pe, 11 Oct 2026
- Security
- Yape Empresa says it protects data and transactions with multi-factor authentication. · empresas.yape.com.pe, 11 Oct 2026
- Transfers
- Users can send money using a QR code or cellphone number, and the maker says Yape transfers have no cost or interest. · yape.com.pe, 11 Oct 2026
- Transfer speed
- instant · yape.com.pe, 22 Sept 2026
- Transfer tracking
- Yes · yape.com.pe, 22 Sept 2026
Where Yape stands on Freedom251
- Money Transfer Apps#56 of 81