We really should try to understand your mentality, if only to understand why after 27 years the EU still doesn't have a PayPal alternative.

Because we don’t need it. The US banking system for example is fairly archaic. Where I live, paper checks went extinct about 30 years ago. Now with SEPA, bank transfers are cheap (cents), fast (seconds) and easy (IBAN). If our banking system would not be as convenient, I’m pretty sure something like PayPal would have been very popular.