Credit card purchases and the "submitted" status

Why, in the year of our lord 2023, do we still have to deal with crap such as “This can take up to 48 hours” when buying anything online with a credit card - after a successful $1 hold for verification - and can’t do anything about it?

The verification was successful. You can charge my card and let me download/play the game. WHY is this still a thing??!