I use to WORK for a CC bank and I use to do everything from disputes to fraud prevention to new accounts...
bad4u
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because you don't understand at all, that for merchants it is much easier and cheaper to deal with paypal and others aggregators than directly with bank. and it is not big deal for most of the customers.
ps. i'm currently working in third in Russia card bank (third in cards issued), and worked in 2 others before. Worked in support, acquiring, issuing and development for 7 years
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pss. i'm not "paypal fan", it is just about ur suggestion that seems bad.
psss. in russian forum we recently talked about currency exchange- paypal had better course than our central bank set for that day
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yea now i'm paypal fan
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lol