The disgusting but funny act of someone swiping their ass crack over someones nose while they are passed out usually from to much alcohol consumption!
Bob came to our party and drank all the piss and passed out so we gave him a Credit Card Swipe!
The cleansing act of passing a bar of soap between the butt cheeks while taking a shower.
Roy: "Can I borrow your soap?"
Alfred: "Yeah, go ahead. But no credit card swipes!"
Swiping a credit card through a strippers ass instead of paying with money
Connor was out of money but still wanted a lap dance so he did a credit card swipe.
The act of shitting without wiping, then taking your shit filled ass crack and spreading your cheeks and swiping you ass over someones face. Most commonly used during sex but is also a good practical joke.
Jimmy- "Wil put laxitives in my food and I had a liquid shit."
Mark- "Thats awful."
Jimmy- "No. I credit card swiped him in his sleep after that."