If the refunded amount is more than the remaining payments, then the remaining payments will be cancelled and the rest will be refunded. If the refunded amount is less than the remaining payments, then the remaining payments will be adjusted against accordingly. Just pay the monthly installment amounts as per your card statement. In 2020, BNPL became the fastest growing e-commerce payment method globally, predicted to account for 9 percent of all e-commerce payments in EMEA by 2023, says Tariq Sheikh, founder and CEO of Postpay. Here’s what you can expect with your refund: We automatically get the purchase converted to installments with your credit card. Once the store has registered your return or cancellation with tabby, your refund will be processed. Buy Now, Pay Later has become extremely popular in the UAE in recent years, with more and more stores offering the service at their respective stores and websites to further complement their customers shopping experiences. How do refunds work with tabby?Īll refunds will be issued according to the store’s policy for returns and cancellations. It is! tabby does not charge interest or fees for any payments that are made on time. To keep shopping safe, spending limits are based on a number of factors including the type of products you are buying, the store you are buying from and your history with tabby. Frequently asked questions Who can use tabby?Īny resident of the UAE and KSA that is over the age of 18 can use tabby. The robust Internet infrastructure coupled with the surging e-commerce market and digital payment ecosystems has supported the growth of the buy now pay later (BNPL) industry in the United Arab Emirates (UAE).
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