Yape

Yape is a banking payments product operated by Yape (operated by Credicorp Group via BCP), headquartered in Lima, Peru, launched in 2017. Pricing anchors at Free (P2P transfers within Peru carry no fee), the corporate parent is Banco de Crédito del Perú (BCP) / Credicorp Ltd. (parent: NYSE: BAP (Credicorp Ltd.)), and the 2025-2026 differentiator is the same item highlighted in Quick facts: By 2025-2026 Yape has crossed 16M+ users — over half of Peru's adult population — making it the de-facto national payments rail, with BCP layering microcredit and merchant services on top.

Quick facts

• Operator: Yape (operated by Credicorp Group via BCP)
• Corporate parent: Banco de Crédito del Perú (BCP) / Credicorp Ltd.
• Public-market status: parent: NYSE: BAP (Credicorp Ltd.)
• Headquarters: Lima, Peru
• Founded: 2017
• Anchor 2026 price: Free (P2P transfers within Peru carry no fee)
• Free tier or trial: Free to download and use; person-to-person transfers within Peru are free
• Jurisdiction: Peruvian banking and payments law under SBS regulation
• 2025-2026 differentiator: By 2025-2026 Yape has crossed 16M+ users — over half of Peru's adult population — making it the de-facto national payments rail, with BCP layering microcredit and merchant services on top.

What is Yape?

Yape launched in 2017 as a banking payments product from Yape (operated by Credicorp Group via BCP). The 2026 product surface spans iOS, Android, with a feature set centred on send and receive money by phone number across peruvian banks, qr code payments accepted at 1m+ peruvian merchants, and top-ups for mobile phone credit. Subger tracks Yape inside its broader banking payments catalog; the dedicated true-price page layers historical renewal-price data on top.

Why choose Yape

Account and licensing

Yape differentiates on send and receive money by phone number across peruvian banks and qr code payments accepted at 1m+ peruvian merchants. In context: the product is headquartered in Lima, Peru and operates under Peruvian banking and payments law under SBS regulation, which shapes how the team designs the catalog / coverage / feature ladder. For 2026 buyers, the headline question is whether send and receive money by phone number across peruvian banks matches actual usage patterns — and the banking payments category hub benchmarks how Yape stacks up against the rest of the category on this dimension.

Product features

Beyond the headline, Yape ships top-ups for mobile phone credit, bill payments for utilities and subscriptions, and microloans (yape préstamos) for qualifying users, plus interbank interoperability via cce bcrp infrastructure. These are the practical levers that decide whether the subscription pays back month-to-month. Subger's renewal-price tracker spotlights any tier where the steady-state price diverges sharply from the promotional first-year rate — see the true-price page for Yape.

Pricing and ecosystem

Yape runs 3 pricing tiers from Yape personal (Free) up to Microcredit (Yape Préstamos) (Pay-per-loan). The Microcredit (Yape Préstamos) tier at Free (P2P transfers within Peru carry no fee) is the most-purchased anchor — see the pricing table for the full ladder and the renewal-price tracker for first-year vs. renewal math. Active promo codes are tracked on the Yape promo page.

Pricing in 2026

Yape's current 2026 ladder, with anchor figures in their primary billing currency:

The renewal-price delta — the gap between promotional first-year and steady-state pricing — is tracked on the dedicated true-price page for Yape. Active promotional codes are listed on the Yape promo page.

Yape apps and platform support

Yape ships across the following surfaces in 2026:

If you cancel and want to keep an existing account on a new device, see the Yape cancellation guide for account-retention details.

Account, licensing and security

Yape operates under Peruvian banking and payments law under SBS regulation via Yape (operated by Credicorp Group via BCP). Send and receive money by phone number across Peruvian banks and qr code payments accepted at 1m+ peruvian merchants are the core differentiators on the account side; investors and account-holders should also weigh deposit insurance, regulatory supervision and operational maturity. The banking payments category hub benchmarks providers across these dimensions.

Use cases Yape fits

• Peruvian individuals sending money to friends and family in real time
• Small merchants accepting cashless payments via QR
• Cross-bank transfers without needing CCI account numbers
• Users accessing microcredit through Yape Préstamos

If none of these matches your situation, the banking payments category hub ranks alternatives that may fit better.

Frequently asked questions

How much does Yape cost in 2026?

Yape's ladder starts at Yape personal (Free), with the anchor reference at Free (P2P transfers within Peru carry no fee) and top tier Microcredit (Yape Préstamos) at Pay-per-loan. Full breakdown in the pricing table and renewal-price math on the true-price page.

Does Yape have a free tier or trial?

Free to download and use; person-to-person transfers within Peru are free See the pricing table for the entry-paid step, and the Yape deal page for current promo discounts.

Who owns and operates Yape?

Yape is operated by Yape (operated by Credicorp Group via BCP). The corporate parent is Banco de Crédito del Perú (BCP) / Credicorp Ltd., with the product headquartered in Lima, Peru and launched in 2017. Public-market status: parent: NYSE: BAP (Credicorp Ltd.).

Where is Yape headquartered?

Yape runs out of Lima, Peru. It is governed by Peruvian banking and payments law under SBS regulation.

What's the 2025-2026 differentiator for Yape?

By 2025-2026 Yape has crossed 16M+ users — over half of Peru's adult population — making it the de-facto national payments rail, with BCP layering microcredit and merchant services on top.

How do I cancel Yape?

Cancellation flows for web, iOS and Android are documented step-by-step in the Yape cancellation guide. Time the cancellation before the renewal date to avoid the next billing cycle.

Are there Yape promo codes or seasonal discounts?

Subger tracks active promo codes and seasonal deals on the Yape promo page. Family / multi-user variants (where they exist) are listed in the pricing ladder above.

What devices does Yape run on?

Yape ships on iOS, Android. The platforms table above lists every supported surface.

How does Yape compare with other banking payments options?

Fit depends on geography, ecosystem and ladder economics. The banking payments category hub on Subger benchmarks alternatives across price ladder, free tier, feature breadth and ecosystem.

How does Subger track Yape pricing?

Subger pulls Yape's public price card and layers historical renewal-price data so you can see when a promo first-year price falls off. See the true-price page for the delta between teaser and steady-state pricing.

Get started with Yape

Pick a tier from the pricing table above that matches your usage. The Microcredit (Yape Préstamos) tier at Free (P2P transfers within Peru carry no fee) is the most-purchased anchor for 2026 subscribers. If you're shopping around, browse the banking payments category hub to benchmark alternatives, and check the Yape deal page for current promotional pricing before committing.

Before finalising, do three things: read the renewal-price math on the true-price page for Yape so the first-year promo doesn't catch you out at renewal; verify the device and platform support against the surfaces you actually use day to day; and bookmark the cancellation guide so you know how to exit cleanly if usage drops. Yape is a banking payments purchase that benefits from the same disciplined renewal-tracking habit Subger applies to every subscription in the catalog.

Related Subger guides

• Browse the banking payments category hub
• How to cancel Yape
• Latest Yape deals and coupons
• Yape promo codes
• True renewal price of Yape