France is a market with an unusually wide range of BNPL options thanks to its established 3x/4x installment culture, so alongside domestic players Alma and Oney and the southern-European Scalapay, the Spain-based seQura also comes into consideration. seQura is a provider that grew in Spanish e-commerce through installment and pay-later models, but its service scope and merchant terms in France cannot be assumed to be as established as in Spain, so a conservative approach is warranted.

For Korean merchants that focus primarily on Spain while also pursuing France in parallel, a realistic approach is to adopt seQura for the Spanish market and, at the same time, explore whether it can be extended to France. If France is the sole target market, we recommend comparing it first against Alma and Oney, which have stronger local brand recognition.

When a consumer selects seQura, a real-time credit check confirms an installment or pay-later schedule, after which the following installments are charged to the consumer in sequence, following a typical BNPL flow. However, the product terms offered in France (number of installments, pay-later conditions) may differ from those in Spain, so the French-specific product and underwriting terms need to be confirmed before integration.

When considering seQura integration through Hecto Financial, the first step must be to confirm seQura's actual service coverage and industry terms for the French market. Consulting on this together with other southern European markets such as Spain can speed up the decision.

• Business registration country

  Confirm contract eligibility for merchants registered in Korea

• Sales channels

  The integration method and priority differ depending on your online sales channel mix, such as your own site, open marketplaces, and mobile apps

• French service coverage

  Since seQura is primarily a Spain-focused provider, its service coverage and industry terms for France need to be confirmed in advance

• EU regulatory compliance

  Confirm compliance with EU payment regulations such as PSD2 and SEPA (see official sources below)

Where a seQura payment is completed in France, the amount is charged in euros (EUR), and Hecto Financial receives and converts it before settling to Korean merchants in whichever currency—USD, KRW, or JPY—was designated in the contract. The settlement cycle follows the contract terms. For returns on installment or pay-later transactions, installment cancellation and refunding are processed together, and refunds under the EU's 14-day withdrawal right follow the same process, so confirm the processing timeline in advance.

• Banque de France (French central bank)Official information on France's payment systems and related regulations. If this page's content differs from actual regulations, the official source takes precedence.
• Autorité de contrôle prudentiel et de résolution (ACPR)The authority that licenses and supervises payment service providers. Useful for confirming payment service regulations in France.