As a popular second-hand trading platform, Xianyu no longer supports credit card payment, which has caused inconvenience to many users. The main reason behind this is the platform’s emphasis on risk control and regulatory compliance. Xianyu staff revealed that they closed credit card payments to protect the security of user accounts, prevent the leakage of personal information, and comply with relevant regulations, including preventing financial risks and avoiding unnecessary fees.

Closing credit card payments can reduce security threats to user accounts, such as the risk of sensitive information being stolen, and possible additional charges. In order to make up for this change, Xianyu provides a variety of alternative payment methods, such as Yu'e Bao, Huabei, bank cards, etc., and even launched a special payment tool called "Xianyu Wallet" to ensure that users can still shop on the platform conveniently.

Nonetheless, users need to note that Xianyu’s move is not isolated. Many other niche shopping websites also do not support credit card payments, mainly due to considerations of security risks and economic costs. In order to ensure the safety of funds, users can use other payment methods such as fingerprint payment and WeChat payment. As long as they choose a reputable platform, the shopping experience can also be guaranteed.

In general, Xianyu suspended credit card payments out of consideration for user rights and fund security. Users do not need to worry too much. They only need to flexibly use other payment methods and can still easily conduct second-hand transactions on platforms such as Xianyu, ensuring a smooth and secure shopping process.