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PicPay vs Yape
PicPay and Yape are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on PicPay and $1,000 on Yape, before withdrawal or currency-conversion costs.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- On a $1,000 payment you keep about $1,000 on PicPay and $1,000 on Yape, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer. Only PicPay offers debit card. Only Yape offers ATM withdrawal.
- PicPay is the older platform — founded in 2012, 4 years before Yape (2016).
- PicPay is based in Brazil, Yape in Peru.
Which should you choose?
Choose PicPay if…
- You want to withdraw via debit card.
Choose Yape if…
- You want to withdraw via ATM withdrawal.
Side by side
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PicPay
A Brazilian payment app where people and merchants receive money, pay, and transfer.
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Yape
Peru leading mobile-payment app where people receive money and pay merchants by QR.
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | No |
| Fees | Free account and Pix/P2P transfers | Free P2P transfers |
| Minimum payout | No minimum (free TED transfers to any bank) | S/5 for Yape con DNI cash withdrawals, reported by La Republica in February 2025 |
| Payout speed | Pix arrives in seconds any day, TED within 60 minutes on business days | Cash collected at an eligible BCP agent or ATM after generating a withdrawal code |
| Withdraw via | Pix/bank transfer, debit card | Linked bank account, ATM withdrawal |
| Availability | Brazil | Peru, Bolivia |
| Local to | Brazil | Peru |
| Founded | 2012 | 2016 |
| Headquarters | Vitoria, Brazil | Lima, Peru |
| Popularity | 48 views · 0 likes | 41 views · 0 likes |
Frequently asked questions
Which is cheaper, PicPay or Yape?
On a $1,000 payment you keep about $1,000 on PicPay and $1,000 on Yape, before withdrawal or currency-conversion costs.
How fast do PicPay and Yape pay out?
PicPay: Pix arrives in seconds any day, TED within 60 minutes on business days. Yape: Cash collected at an eligible BCP agent or ATM after generating a withdrawal code.
Where are PicPay and Yape available?
PicPay: Brazil. Yape: Peru, Bolivia.