@txt_file @lina the Problem with #PayPal is that they have NO REAL #COMPETITION, so being an asshole corporation has no real consequences.
I mean, look at the state of #OnlinePayments:
#TradFinance fearmongered regulators and institutions into #Monero #delistings and bans.
#wero doesn't even get mandatory acceptance within the #SEPA-Area and doesn't support non-SEPA accounts, thus is less useful than #UnionPay, #AliPay & #WeChatPay in #Germany.
The 3 before-mentioned providers won't even offer their services for #EU citizens/non-"P.R." #China residents.
#WesternUnion, #RIA, #MoneyGram, etc. are absurdly expensive and don't work well nor can be integrated as #OnlinePayment.
#PerfectMoney, like #Mir, is basically useless outside #Russia & #CIS member states.
Same goes for all the other national providers like #SOFORTÜBERWEISUNG (absorbed by #Klarna, basically only seen in Germany), etc.
PayPal OWNS the market for #payments harder than Autodesk for Engineering Software and Adobe for Creative Software because #regulators like @EUCommission refuse to regulate!
People who have neither #CreditCards (from the 2,5 Oligopolists from the USA: #Visa, #MasterCard & #AMEX) nor a PayPal account are basically "banned from #OnlineShopping"!
#Stripe can't even do #WireTransfer or #Widthdrawals from SEPA bank accounts!
