SeQura is one of the most used deferred payment providers (Buy Now Pay Later, BNPL) in Spain. The idea is simple: the customer can split the payment or pay later, while the merchant collects the full amount in advance. SeQura assumes the financing risk and charges a fee for the service.
Who it affects: any Odoo eCommerce store in Spain selling medium or high tickets (electronics, furniture, training, health, sports...) where allowing installment payment increases conversion and average order value.
What BNPL brings to your checkout
Deferred payment reduces the friction of buying an expensive product. The customer sees from the product page how much they would pay per month and decides more calmly. For the merchant, the benefit is twofold: more conversion on high tickets and immediate collection of the full amount, without managing defaults.
How it works inside Odoo
SeQura integrates as one more payment provider within Odoo eCommerce checkout. The actual flow is this:
- The customer sees the SeQura widget on the product page with the estimated monthly installment.
- On the payment screen they choose SeQura as the method and complete the request in SeQura's secure form.
- SeQura approves or rejects the operation and returns the response to Odoo.
- If approved, the order is confirmed automatically and linked to the payment transaction.
Unlike pasting a script into the website theme, doing it as a native Odoo payment provider means each order has its transaction, its reference and its status inside the ERP. That is where reconciling later succeeds or fails.
Reconciling orders and payments
The critical point of BNPL is not collecting: it is reconciling. The customer pays SeQura in several installments, but SeQura settles the merchant in a single payment (minus fee) on its own settlement calendar. Without a clean integration, the Odoo order and the bank deposit do not match and manual work begins.
That is why each order paid with SeQura must be linked to its transaction reference, with the correct status (approved, cancelled, refunded). This way, when the SeQura settlement arrives, you can match orders and deposits without guessing, and the accounting side stays consistent.
Things to watch out for
- Cancellations and refunds: if an order is cancelled, the status must go back to SeQura so the customer is not overcharged.
- Fee: BNPL has a cost per transaction. Check the rates with SeQura according to your sector and average ticket.
- Test environment: SeQura offers a sandbox. It is worth testing approval, rejection and refund before going to production.
- Data consistency: name, address and amount must travel clean to SeQura, or approval may fail.
Useful links
FAQs
What is SeQura and what is BNPL?
SeQura is a deferred payment provider (Buy Now Pay Later) widely used in Spain. The customer pays in installments or deferred and the merchant collects the full amount in advance.
Can SeQura be integrated into Odoo eCommerce?
Yes. It is added as a payment provider in the Odoo checkout, with its widget on the product page and order confirmation linked to SeQura's response.
How are SeQura orders and payments reconciled in Odoo?
Each order paid with SeQura is linked to its transaction and payment reference, so the order status and accounting reconciliation stay balanced without manual work.
Who bears the default risk with SeQura?
SeQura assumes the financing risk and pays the merchant. The merchant pays a fee for the service. It is advisable to review rates and contract directly with SeQura.
Do you want to activate SeQura in your Odoo?
We review your checkout, your average tickets and your reconciliation flow to tell you if SeQura fits and how to keep orders and payments balanced. Book a call on Calendly or call us at +34 616 809 504.