Yappy review

Yappy charges a monthly fee of $0 and is built on a no monthly fee model, so there is no recurring charge for holding the account open. On the measure of monthly fee, it sits alongside the rest of the no monthly fee group rather than above it.

Transfers are free for Yappy Personal users: No charge for Yappy Personal users, with the amount held at $0. Business users should read that wording closely, because the waiver as published is tied to the Personal tier rather than to the business audience the account is aimed at.

Transfers are delivered Instant, and payouts can go to a bank account or another wallet through bank and wallet. That pairing suits companies paying suppliers or staff who need the money to move without a wait, at no separate transfer charge for those routes.

Yappy supports 1 currency, so it is built around money held and spent in one home market. Companies that invoice or buy elsewhere would convert outside the account, which is where PayPal Colombia, with 24, becomes the closer comparison.

Payouts are available to bank and wallet, meaning a transfer to a bank account or a top-up to another wallet. Cash collection and card payouts sit outside that list, so anyone needing physical cash would want a second provider for that step.

Support runs on email, phone and help centre, so a phone call, an email or the help centre covers most questions. Live chat does not appear in those channels, which can matter when a payment is stuck part way through and needs a person on it.

The account is digital only, so everything happens in the app rather than at a counter. Yappy is run by Yappy, S.A. from PA, and the audience it is built for is business, which fits people who already handle money on a phone.

The listed audience is business, so the account targets companies rather than individual savers. The free transfer line is written for Yappy Personal users, which means personal users get the better deal on charges. Freelancers invoicing abroad would want a provider with more currencies.