Sure, but vast majority of day to day transactions that people make do not need this kind of protection - I don't need the ability to reverse my payment when bu

Sure, but vast majority of day to day transactions that people make do not need this kind of protection - I don't need the ability to reverse my payment when buying groceries at Lidl or paying for petrol. When buying a laptop or a phone, I would use a normal card exactly because it offers certain protections - but most day to day transactions are absolutely fine with what is an equivalent of a direct bank transfer.