Each month, we charge your chosen debit card with your monthly installment payment. Your bank statement shows the amount we charged, along with the merchant name.
At the same time we place a temporary authorization for the full outstanding amount of your purchase, which expires after a few days. These authorizations are not charges rather they are taken as security for your plan. They may show as a 'pending transaction on your statement.
You should see these authorizations reducing by one installment payment amount, every month until your plan is paid in full.