3 ms·

It does not wreck anymore havoc than lots of separate transactions pushing them deeper into debt.

• SketchySeaBeast 4y ago
  If you're watching your credit card to know how much money you have left won't the Uber rides not reflect until they do a mass bill?
  • xwdv 4y ago
    That’s not how credit cards work. A credit line isn’t “money you have left”, it’s the max you can borrow.
    • SketchySeaBeast 4y ago
      I'm not confused how credit cards how work. If someone was checking their balance so that they can properly budget a company delaying the charge would deprive them of that insight.
      • inyourtenement 4y ago
        I don’t think they wait very long. I used Lyft recently and they only combined charges within a single day.
        • SketchySeaBeast 4y ago
          If that's the case I can't see it being an issue, but I could see it being one if the timeline was stretched to something like a week.
• BoorishBears 4y ago
  Stuff like this reminds me of the bubble tech lives in. There are a lot of people who aren't on top of their finances at all. For them, a delayed transaction wreaks plenty of havoc because they're not keeping track of how much "ghost transactions" are affecting the account balance they see. Now you could argue it's on them for not being on top of their finances, but Uber makes a lot of money from these people. The largest demographics are 18-24 yr olds, ie people who honestly can't afford overpriced delivery but do it anyways.
  • youreincorrect 4y ago
    I think you live in a bubble if you feel it necessary to exaggerate the effects and coddle people who aren't on top of their finances. It's all a fairly pointless discussion because the simple solution is to suggest Uber, etc. just make this method of charging an optional feature that is easily toggled by their customers. Beyond that, it's an uninteresting discussion, and I don't care to hear people browbeat each other about how Uber is bad and wrong for rolling transactions into one because they didn't consider that their customers are mouthbreathing idiots whose entire financial world will come collapsing down on them if they can't get check their credit card balance for 100% accurate realtime information about their current financial state. Somehow if someone didn't think of this possibility, they are an inconsiderate jerk who "lives" in a "bubble."
    • xwdv 4y ago
      Indeed, im pretty sick and tired of people making excuses for others lack of financial planning. Perhaps seeing a big bill dropped on them all at once for their past purchases is the exact wake-up call some people need to track their finances.
      • BoorishBears 4y ago
        If instead of taking uninformed pot shots you took just a moment to check, you'd see overdrafts come from a tiny slice of customers who get hit by overdrafts over and over again. No one made any excuses for anyone, it was a simple statement of fact that batched transactions save a marginal cost for the good in question and affect the age group that's using them the most. — It might even be profitable for them to eat the processing fee and call out the fact there are already X dollars pending to users who have had at least one NSF in the past year as they check out. Why give the bank $20 out of your most captive customers pockets, to save .03 cents on payment processing? There seems to be this weird idea that it can't be profitable to do things that help your users.
        • xwdv 4y ago
          If you can pause for reflection to go check your past history of purchases to determine if you should make another purchase, then you could probably just remember if you’ve been on a recent spending spree.