The credit card swipe password verification function refers to the process in which credit card holders need to enter a password for verification when swiping their card to make purchases or withdraw cash. If the credit card swipe password verification function is set up, the cardholder only needs to enter the correct password to complete the payment transaction or withdraw money. The credit card swipe verification function is a transaction method that corresponds to "signature confirmation".

Currently, domestic bank credit cards are mainly issued by UnionPay. The domestic environment and users’ card swiping habits determine the payment methods of domestic cardholders. Generally, credit card swiping verification functions are set up. Credit cards generally There will be two passwords, one is the credit card inquiry password and the other is the credit card payment password. Usually when swiping a card to make a purchase or withdrawing cash online, the cardholder is required to enter the correct payment password. Moreover, when calling the bank customer service hotline for online banking login and online payment, the cardholder is required to enter the correct query password and the correct payment password.

The above is an introduction to the credit card swipe verification function.