I have thought PayPal was circling the drain for so long that, honestly, it probably says more about me than PayPal. Still though, I don’t get it, as far as I c

I have thought PayPal was circling the drain for so long that, honestly, it probably says more about me than PayPal. Still though, I don’t get it, as far as I can tell they are just… essentially doing the same thing as credit card companies, but with less regulatory protection for their customers.(?) Like they made sense 20 years ago when banks didn’t know about the internet. But now they are befuddling.