The term refers to malicious, unauthorized copies of the official Yape application. Cybercriminals create counterfeit APK (Android Package Kit) files and distribute them through third-party websites, social media links, or direct messages. These apps are designed to look exactly like the real Yape application but serve a completely different purpose: stealing your banking credentials, intercepting two-factor authentication codes, and emptying your linked bank accounts.
One of the most common ways fake apps are distributed is through APK files. APK (Android Package File) is a file format used to distribute and install apps on Android devices. While APK files can be downloaded from the Google Play Store, many users opt to download them from third-party websites or sources. This is where the risk lies.
I can, however, help with safe, legitimate alternatives—choose one: