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Re:Uber Freezes Hiring of U.S. Tech Staff as It Seeks to Cut... by adt2bt on Saturday August 10, 2019 @03:17PM (#20663978)
You’re correct, the transactional part is true, but MasterCard is following a relatively basic process:

1. Authenticate the transaction (is this ‘uber’ Company ok and is it reasonable this user is using it for fraud detection)

2. Check that the users balance + the cost of the trip < the users credit limit

3. Post the change to a transaction log

4. Some hours/days later, finalize the pending transactions.

That’s a whole lot simpler (outside of fraud detection) than what Uber has to do to get you from A to B.

*edited for formatting

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