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[BUSINESS] · Peru · 2 sources

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Kunfupay revenue rises 46% in Peru via EBANX partnership

Kunfupay, a financial operating system for digital creators, has reported a 46% revenue increase in Peru following a partnership with EBANX to implement a one-click checkout solution.

The new service, known as Yape On-File, utilizes tokenization built on top of Yape, Peru’s primary digital wallet. Within four months of its launch, the solution has accounted for 67% of Kunfupay’s total processed volume in the country and maintained a 95% approval rate.

The integration addresses a specific market gap in Peru, where approximately 77% of adults use Yape but only 4% hold international credit cards. By enabling frictionless, recurring transactions through secure credential tokenization, the model provides a streamlined payment journey for users who lack traditional banking tools.

Entities

EBANX · Kunfupay · Peru · Yape