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What does online credit card swiping mean?

Pay online.

"Online credit card payment" refers to credit card payment through electronic channels such as the Internet or mobile applications. When shopping online, you choose to use a credit card as your payment method. Information such as credit card number, expiration date and security code are required to complete the transaction. Once a payment request is submitted, the merchant will transmit your payment information in an encrypted manner to the corresponding bank or third-party payment institution for verification and approval.