PayPal is an e-money business and also a payment processor of its own. It doesn't need cards to survive.
It baffles me that PayPal is still around and popular.
I mean, I used them for a long time, but that was 10-15 years ago when there weren’t as many options as there are now. In this day and age, their service, with its crazy high fees, seems completely outdated to me, and I can’t imagine a scenario where I would need to use them again. Or maybe something has changed, and they’re not as bad as I remember.
In some industries, it is literally the most common payment method, which is shocking to me as well. I tried to get paid in crypto for doing some tasks once, this was like 2 years ago or so and it was some simple stuff, imagine like airdrops in crypto world but for academia world instead, and the only option they had was paypal, that's it, nothing more.
In the end, I did not get paid, but that's fine it was just a few hours of work and nothing more, I am fine with losing that, they used it on their thesis paper. In the end, we are talking about paypal being way too much used and the fact that people could definitely end up being very easier to handle this and they will be so much simple. In the end they are making a mistake and this is why it's going to be very tough to handle all of this.
We need to fix this and we are going to do fine, it's going to be very good, it's going to be fine and we can make this work, it is going to be full on crypto one day, it will be really good for us when everyone stops using all of these and it will be a good thing for us and we are going to benefit this. It's the smart way to move forward and that would not be all that complicated situation.