Paypal hangs on for 2 reasons: 1. Foreign countries, where credit cards aren't common (but banks are) 2. People in the US who hate entering CC info for every p

Paypal hangs on for 2 reasons: 1. Foreign countries, where credit cards aren't common (but banks are) 2. People in the US who hate entering CC info for every payment 3. Merchants without alternatives People have felt for a while that there's nothing that can solve all 3 of those things, but I think there is.