I believe and believe bitcoin will be able to compete and even defeat the traditional payment process that you said. we can see for yourself that there are currently more and more bitcoin hunters, it is not impossible that in the next few years bitcoin will master it.
That could happen if all countries decide to accept bitcoin and the other coins as the new payment system method so their people can make a transaction using cryptocurrency. So far, only a few countries which accepting bitcoin and another coin for another option of the transaction but soon, I believe that we will have more countries that will approve cryptocurrency. Cryptocurrency itself still grow until now, and we are seeing many new people who will adopt cryptocurrency, and they will use cryptocurrency in their daily life.