Fully managed installments
SeQura handles customer approval, installment collection, and payment processing
88% payout in 14 days
Sellers receive 88% of the transaction amount 14 days after purchase
SeQura eligibility
SeQura payments through Whop are currently available for customers based in Spain, to pay for transactions in EUR currency. To be approved, customers need:- To be 18 years or older
- To be a resident of Spain
- A valid Spanish identification number (DNI or NIE)
- A Spanish mobile phone number
- A valid debit or credit card
Installment options
SeQura purchases must be between €50 and €5,000. Customers can choose between 3, 6, 9, and 12 month installment plans. Some installment plans may include a small fixed monthly fee charged by SeQura to the customer, depending on the order amount and selected plan.Customers will see the exact payment schedule and any applicable fees during checkout before confirming their purchase.
How seller payouts work
When a purchase is made using SeQura, payouts are distributed in two stages.Stage 1: Initial payout
After the purchase is completed and the payment is processed:- Sellers receive 88% of the transaction amount
- This payout is sent 14 days after the purchase
Stage 2: Final payout
The remaining 12% of the transaction amount is paid out 12 months after the purchase date, regardless of the installment plan selected by the customer. This 12% acts as a reserve to account for situations where customers fail to complete their installment payments.- If customers successfully complete all payments, the seller receives the full remaining 12%
- If some customers default on their payments, the losses are deducted from this reserve
- 12% is the maximum remaining payout
- Defaults are deducted from this reserve
Example payment timeline
Example purchase: Customer buys a €1,000 product using a 12-month installment plan.The following example ignores Whop platform fees for simplicity.
How to enable SeQura
Take these two steps to enable SeQura on your account:Apply to access financing
Apply to access financing at this link
Contact Whop
As we first roll out SeQura to merchants, onboarding must be done manually by our team. Contact your Whop Account Manager or sales rep, or contact Whop Support after you’ve applied via the financing application form above to enable SeQura on your account
FAQ
How does SeQura compare to other BNPL providers?
How does SeQura compare to other BNPL providers?
Sellers sometimes ask why SeQura is only 3%, while other BNPLs are 15%. The reason is that they work differently:Fee structure:
- SeQura: Lower fee, but the seller takes on default risk
- Other BNPLs: Higher fee, but the provider takes on default risk
- SeQura: Funds are typically paid out after around 14 days
- Other BNPLs: Funds are typically paid out after around 2 days
| Provider | Fee | Payout speed | Who takes the risk? |
|---|---|---|---|
| SeQura | Lower (~3%) | ~14 days | Seller |
| Other BNPLs | Higher (~15%) | ~2 days | Provider |