The point is that this card is instantly approved. My hypothetical company, for a premium, guarantees all cards with this code in it. When swiped, the transaction is automatically assumed to be clear and takes no (zero) time to phone or digitally transfer approval codes or requests. It is a risk I take
and get compensated for, especially if the client actually has insufficient funds.
We've all felt the annoyance (for some it's more like sweat trickling down the back) as the seconds tick by while credit/debit card approval takes place.
People in line smile kindly as the clerk gives an uneasy glance at the growing number of customers waiting to check out, a questioning glance, the seconds mount, the very air becomes thicker with proximity of human bodies breathing between racks insulated by gum and magazines.
An artificial association takes place that the longer it takes for card approval the less money you have in the bank. No more "Do I have enough in the bank?" "Did my hubby purchase that new bass boat without telling me?"
My credit card service charges an additional premium to instantly be approved. Swipe and go with a breezy grin. The Black Card from the link is WAY more exclusive than I'd make this. Say, purchases under 10k. Regular inconveniences that happen daily impact our lives. Just look at how quickly people eschew their dial up modems.
'Instant' is the current expectation.