The credit card swipe verification function refers to the process in which the credit card holder needs to enter a password for verification when swiping the card for consumption or cash withdrawal. If the credit card swipe verification function is set, the credit card swipe verification function can only be entered by the cardholder. Only with the correct password can payment transactions or cash withdrawals be completed. The credit card swipe verification function is a transaction method, which is opposite to the "signature confirmation" method.

Credit card holders can activate the credit card swipe verification function, or they can not activate it and only use "signature verification" to make swipe payment or cash withdrawals.

If you choose the latter, you can swipe the card without a password, and there is a certain risk of credit card theft; the merchant who swipes the card needs to compare and review the cardholder's signature to confirm that it is correct; in the event of credit card theft, Generally, the merchant or bank is responsible for swiping.

However, if you choose to activate the credit card swipe verification function and credit card fraud occurs, the cardholder will be held responsible for improper care. However, in the domestic environment, it is often difficult to claim rights and interests from merchants or banks. Cardholders are more likely to choose to set up the card swiping verification function, which is safer.