# Yape vs Velsat

Yape and Velsat are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Yape ships an update every 2 weeks, Velsat every 11 days. The most recent releases landed on October 26, 2026 and October 20, 2026 respectively.

## The numbers

| Metric | Yape | Velsat |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.6 (2.4K ratings)](https://appshunter.io/ios/app/yape/id1147249919/reviews)** | — |
| Number of ratings | **2.4K** | — |
| Positive reviews | 19.9% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 weeks | **Every 11 days** |
| Monetization | Free with in-app purchases | — |
| Size | 490 MB | 37 MB |
| Requires iOS | 15.5 | **15.1** |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 12+ | 4+ |
| Developer | [Banco de Crédito BCP](https://appshunter.io/developer/734369610) | [Carlos Palacios](https://appshunter.io/developer/1092811952) |

## What reviewers say

### Yape

[App page](https://appshunter.io/ios/app/yape/id1147249919)

Send and receive money instantly and for free, 24/7, nationwide using just a phone number or QR codes. Recharge your phone, pay bills, shop with discounts, access credit, and get insurance. Also allows cash withdrawal at agent locations.

**Highlights:** Send and receive money, QR code payments, Mobile phone recharges, Bill payments, Exclusive discounts and promotions, Access to credit, Insurance plans, Cash withdrawal

**In-app purchases:** none

**What reviewers like**

- ⚡ Fast and efficient
- 💳 Convenient payment option
- 🔒 Secure transactions
- 💻 Easy to use
- 🤑 Facilitates daily transactions

**What reviewers complain about**

- 🚫 Incompatible with non-Peruvian phone numbers
- 🇵🇪 Requires Peruvian identification documents
- 🔍 Difficult identity verification process
- 🐛 Frequent app crashes and bugs
- ⚠️ Unreliable service and server issues

**Reported bugs**

- App crashes during identity verification
- Unable to log in or make payments
- Discrepancies in account balance
- Incompatibility with certain devices and OS versions

**Requested features**

- Support for multiple languages
- Ability to use app without Peruvian phone number
- Improved identity verification process
- More reliable and stable app performance


### Velsat

[App page](https://appshunter.io/ios/app/velsat/id6755132444)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Yape free?

Yape is free to download, with no in-app purchases.

### Is Velsat free?

Velsat is free to download, with no in-app purchases.

### Do Yape or Velsat have ads?

Neither Yape nor Velsat shows ads.

### Which is updated more often, Yape or Velsat?

Yape ships an update every 2 weeks, and Velsat every 11 days. Most recently, Yape was updated on October 26, 2026 and Velsat on October 20, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*