Pay with Yape Using Peanut — Coming Soon
Peanut is adding Yape support. Soon you'll pay at 2.7M merchants across Peru directly from your digital dollar balance.
Peanut is adding Yape support. Soon you'll be able to pay at 2.7 million merchants across Peru directly from your Peanut balance — no Peruvian bank account or DNI required. Yape is Peru's most popular mobile payment app, used by over 14 million people for everything from grocery shopping to paying street vendors. Once the integration goes live, Peanut will let you scan Yape QR codes and pay in soles while your balance stays in digital dollars until the moment you spend.
Peru's QR payment ecosystem is one of the most advanced in Latin America, with mandated interoperability between Yape, Plin, and BIM. When Peanut integrates with Yape, you'll have access to the broadest merchant network in the country — without the local paperwork that normally blocks foreigners from joining.
What Is Yape?
Yape is a QR-based mobile payment app operated by Banco de Credito del Peru (BCP), the largest bank in Peru. Launched as a simple peer-to-peer transfer tool, Yape has grown into Peru's dominant digital payment method with over 14 million users and 2.7 million merchant users. That merchant footprint now exceeds the number of traditional POS terminals accepting card schemes in the country.
Yape supports QR payments at the point of sale, person-to-person transfers via phone number, and merchant payments. Peru's mandated interoperability framework means Yape works alongside Plin (backed by BBVA, Scotiabank, and Interbank) and BIM, reducing fragmentation and giving users access to a unified QR payment ecosystem. One QR code can be scanned by any participating wallet — a level of interoperability that most countries have not achieved.
Where You Can Pay
Yape QR codes are accepted at 2.7 million merchants across Peru, covering virtually every type of business:
- Bodegas and markets — the corner shops and open-air markets that make up the backbone of Peruvian retail
- Supermarkets and retail chains — major grocers and department stores
- Restaurants and cafes — from sit-down cevicherias to casual lunch spots
- Street vendors — empanada sellers, juice carts, and sidewalk stands
- Online merchants — growing e-commerce acceptance
- Service providers — professional services, utilities, and more
Yape is most widely adopted in Lima and major cities like Arequipa, Cusco, Trujillo, and Piura. Cash still plays a role in smaller towns and rural areas, but Yape's merchant network continues to expand rapidly across the country.
How It Will Work
- 1
Open Peanut and select Pay
You'll open the Peanut app and tap Pay to activate the QR scanner, just as you would for any Peanut payment.
- 2
Scan the Yape QR code
Point your camera at the merchant's Yape QR code. Peanut will read the code and pull the payment details — merchant name and amount in PEN.
- 3
Review your payment
You'll see the sol amount, the digital dollar equivalent, and the exchange rate. The rate will lock at the moment of confirmation — no surprises after you tap pay.
- 4
Confirm and pay
Tap to confirm. The merchant will receive soles instantly in their Yape account. From their side, it will look like a normal Yape payment — Peanut is invisible to the merchant.
The exact payment flow and interface will be confirmed closer to launch. The steps above reflect how Peanut's existing payment integrations work and how the Yape integration is expected to function.
What You'll Need
When Yape support goes live, you'll need:
- A Peanut account with identity verification. Verify with your passport or national ID card from any country — under 2 minutes for most users. Your documents are handled securely by a certified verification provider and Peanut never sees or stores them.
- A funded digital dollar balance. Deposit from any exchange or wallet, or send money via bank transfer (SEPA from Europe, ACH or wire from the US). All deposits are free.
- No Peruvian DNI or local bank account. You won't need a Carnet de Extranjeria, a local phone number, or any Peruvian banking relationship. Just your passport and your Peanut balance.
Specific requirements — including any transaction limits or regional policies — will be confirmed at launch.
Fees & Exchange Rate
Peanut charges no fees on payments. When Yape support goes live, you'll pay at the market exchange rate with no transaction fee, no foreign exchange fee, and no hidden charges.
Peanut converts your digital dollars to local currency directly at competitive market rates. The rate will lock at the moment you confirm each payment — no slippage, no post-transaction adjustments. This is the same model Peanut uses for its existing integrations, where users consistently get better effective rates than credit cards and traditional exchange services.
Detailed rate comparisons and savings estimates for the Peru corridor will be published closer to launch.
