Tabby’s credit card instalments work on a pre-authorization system. tabby maintains a hold on the credit card for the entire amount but charges only the current installment. It temporarily decreases the available credit limit by blocking the total amount of the purchase, until the transaction is complete.
As each installment is paid, the amount blocked (or held) on their credit card decreases, until the purchase is completely paid off. A shopper is only approved to use Tabby’s credit card instalment option if they have enough credit available to cover the full purchase price.
