Yes, any amount in excess of your spending limit will simply be charged to your first payment in addition to your first instalment amount
Example:
Customer A is given a spending limit of RM 1,500.
Customer A wishes to purchase a handbag worth RM 1,800 using MOBY ’s Pay in 3 Instalment Payment on the 23.03.2023
The below will be Customer A's Payment Schedule:
Deferred Payment Due Date | Instalment No | Instalment Amount | Status |
23.03.2023 | 1st | RM 800 | Paid (paid at checkout) |
23.04.2023 | 2nd | RM 500 | Scheduled |
23.05.2023 | 3rd | RM 500 | Scheduled |
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