> ## Documentation Index
> Fetch the complete documentation index at: https://docs.whop.com/llms.txt
> Use this file to discover all available pages before exploring further.

# SeQura guide

> Let your Spanish customers split purchases into installments with SeQura

SeQura is a Buy Now, Pay Later payment method in Spain that allows customers to split a purchase into installments instead of paying the full amount upfront.

Offering SeQura helps reduce price friction at checkout, which can lead to higher conversion rates and make higher average order values possible for your customers.

<CardGroup cols={2}>
  <Card style={{ border: "none" }} title="Fully managed installments" icon="calendar-check">
    SeQura handles customer approval, installment collection, and payment
    processing
  </Card>

  <Card style={{ border: "none" }} title="88% payout in 14 days" icon="money-bill-wave">
    Sellers receive 88% of the transaction amount 14 days after purchase
  </Card>
</CardGroup>

SeQura allows sellers to offer flexible financing to customers without needing to manage installment payments or take on additional operational overhead.

# 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

During checkout, SeQura performs a quick automated approval check to determine whether the customer is eligible for financing.

# 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.

<Info>
  Customers will see the exact payment schedule and any applicable fees during
  checkout before confirming their purchase.
</Info>

# 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

This means:

* 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.

<Steps>
  <Step title="Day 0">Customer completes purchase using SeQura</Step>
  <Step title="Day 14">Seller receives **€880** initial payout (88%)</Step>

  <Step title="During the installment period">
    SeQura collects the remaining installment payments from the customer
  </Step>

  <Step title="12 months after purchase">
    Seller receives the remaining **€120** reserve, minus any defaults
  </Step>
</Steps>

<Info>The following example ignores Whop platform fees for simplicity.</Info>

# How to enable SeQura

Take these two steps to enable SeQura on your account:

<Steps>
  <Step title="Apply to access financing">
    Apply to access financing at [this
    link](https://whop.com/dashboard/settings/payments/)
  </Step>

  <Step title="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](https://whop.com/home-feed/?intercom=1) after you've applied
    via the financing application form above to enable SeQura on your account
  </Step>
</Steps>

Once SeQura is enabled on your Whop account, eligible customers will automatically see the SeQura option during checkout.

No additional setup is required from the seller side.

# FAQ

<AccordionGroup>
  <Accordion title="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

    **Settlement speed:**

    * **SeQura:** Funds are typically paid out after around 14 days
    * **Other BNPLs:** Funds are typically paid out after around 2 days

    So while SeQura looks cheaper upfront, the seller is still exposed if customers fail to repay over time. For example, if SeQura costs 3% but defaults end up at 12%, the real cost incurred would be 15%.

    With other BNPLs, the seller receives funds upfront (net of fees), and the provider absorbs the repayment risk.

    **In simple terms:**

    | Provider        | Fee            | Payout speed | Who takes the risk? |
    | :-------------- | :------------- | :----------- | :------------------ |
    | **SeQura**      | Lower (\~3%)   | \~14 days    | Seller              |
    | **Other BNPLs** | Higher (\~15%) | \~2 days     | Provider            |
  </Accordion>
</AccordionGroup>