About
Yape is a phone-number wallet launched in 2016 by Banco de Crédito del Perú (BCP), part of the Credicorp group. Users send money to a contact's mobile number or scan a Yape QR code, and since 2023 transfers also reach users of the rival Plin wallet, under interoperability required by Peru's central bank. It has grown into a super-app with bill payments, top-ups and loans. Credicorp reported 15.5 million monthly active users in Peru in Q3 2025. In Bolivia, Banco de Crédito de Bolivia runs a separate Yape app, launched in August 2023, which passed 3 million users by 2025.
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