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Send money to Yape from Chile
Yape is one of Peru’s most popular digital wallets, growing to over 12 million in 2023. It now processes 10 million+ transactions daily, surpassing credit and debit cards in popularity. Through its partnership with Ria Money Transfer, you can easily send money directly to your friends’ and family’s Yape wallet in Peru.
How to send money to Yape from Chile with Ria
Open the Ria app or website
Log in or create a Ria Money Transfer account online or download the Ria app to get started.
Choose the delivery method
Select "Digital Wallets - Yape." Then, enter the recipient’s details and ensure they have a Yape account.
Select your payment method
Fund your transfer conveniently using your bank account, credit card, or debit card.
Confirm the transfer
Review the details and complete your transaction. Track your transfer with your PIN or Order Number.
Sending money to Yape with Ria
What to know about Yape
Yape is a digital wallet developed by Banco de Crédito del Perú (BCP) that allows users to send and receive money instantly via smartphone. More popular than credit and debit cards, it has become a go-to payment method in Peru for everyday transactions.
Yape processes over 10 million transactions daily, accounting for 47% of all low-value digital payments. Users can link their bank account, debit card, or a prepaid wallet to the app and pay bills or make online purchases—all without requiring cash or a traditional bank account.
Yape supports transactions in Peruvian Sol (PEN), the official currency of Peru, and U.S. Dollars (USD). Users can receive remittances from 37 countries and conveniently exchange dollars for soles and vice versa within the app.
Yes, Yape is a secure platform. It uses encryption and strong security measures to protect user data and transactions. Backed by BCP, one of Peru’s largest banks, it offers reliable service. However, as with any digital wallet, users should enable security features and avoid sharing personal information for added protection.
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Send money to Yape from Chile today
With Ria Money Transfer and Yape, managing your finances has never been easier. Experience quick, stress-free transfers tailored to your needs. Send money to Peru now and stay connected to loved ones from anywhere!
How can I set up a Yape account?
Setting up a Yape account is straightforward:
Download the Yape app from the Google Play Store or the Apple App Store.
Open the app and register using your phone number.
Link your bank account, debit card, or prepaid wallet to the app. If you are a BCP customer, the process is even simpler, as you can use your existing BCP credentials.
Verify your identity through the app by providing the required personal information, like your national ID or foreigner’s ID.
Once verified, you can start sending and receiving money instantly.
Can I use Yape for international transfers?
No, Yape is designed for domestic transactions within Peru. It does not currently support sending international money transfers.
However, you can use Ria Money Transfer to send money to Peru and 190+ other countries. International money transfers can be received in Peru through various payout options, including cash pickup, bank deposits, and deposits into a Yape digital wallet. Tip: this service is only available for Yape customers with BCP and Yape with DNI (National Identity Document). Learn about the types of accounts.
What details do I need to send money to Yape from Chile?
To send money to a Yape account, you’ll need:
The recipient’s registered phone number
Their unique QR code linked to their Yape account
How long does it take to transfer money to Yape from Chile?
Transfers to Yape are usually processed instantly, allowing recipients to access funds immediately. This makes Yape a reliable choice for real-time payments and quick financial transactions.
What are the limits for receiving remittances in Yape?
There are maximum limits for receiving remittances in Yape, depending on the currency:
In Peruvian Soles (PEN):
S/ 3,500 per transaction
S/ 11,400 per day
S/ 38,000 per month
In U.S. Dollars (USD):
$999 per transaction
$3,000 per day
$10,000 per month
Can I withdraw cash from Yape?
Yes, you can withdraw cash from Yape, but it depends on how the app is linked to your finances. If your Yape account is connected to a bank account or debit card, you can withdraw money from an ATM or your bank branch.
However, if your account operates as a standalone wallet, you may need to transfer the balance to a linked bank account before withdrawing cash.
How much does it cost to send money to Yape from Chile?
The cost of sending money to Yape with Ria depends on factors like the transfer amount and payment method. Bank transfers typically have lower fees than credit or debit card payments. To find the exact cost, use our online calculator. Exchange rates may also apply when converting currencies.