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It's not even possible. Most card networks let pre-authorizations expire after 7 or 30 days [1], you'd need new laws for that.

Additionally, this will be a massive headache for business travelers that use their private credit cards - usually, you'd book a flight and file for reimbursement at the employer, which you then use to pay down the CC bill. Now when you book a larger amount of flights, suddenly you may end up with your CC running into its limit because all the flights are technically still "on hold" and can't be paid off.

[1] https://docs.adyen.com/online-payments/adjust-authorisation



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