The system is too complicated because it's built off static card numbers and there is too much fraud. X will disrupt this. They already have ID verification, m

The system is too complicated because it's built off static card numbers and there is too much fraud. X will disrupt this. They already have ID verification, money transfer licenses, and banking licenses. Just have a bank account with them and pay businesses (who are already on X) directly and skip Visa/MC altogether.