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Why can credit cards only be used for spending?
In addition to credit card consumption, credit cards can also be paid online, using flash payment transactions.

1, credit card consumption: that is, using POS machines to swipe cards, which can be divided into inserting cards or swiping cards according to the types of credit cards, such as magnetic stripe cards and chip cards.

2. Online payment: tying cards on third-party payment platforms, such as Alipay, WeChat, JD Finance and Meituan.

3. Flash payment transaction: it can also be regarded as credit card consumption, but different from the traditional credit card method, it mainly adopts non-payment payment.