What first party solved the issue with PayPal? I literally want to see it burn but I don’t have an alternative.

Yeah I don’t get PayPal either.

Who is the ‘first party’ in this case? eBay, or like, the banking system as a whole?

If it’s the whole banking system then I’m not sure how that’s solved, because as I understand in the US it’s still not easy to send money to another private individual via the banking system. And there are Venmo and cashapp and such now but they are just other third parties.

Meanwhile in the UK here it has been possible for decades to send money between bank accounts directly, and free. I use PayPal though, because my use case for it isn’t sending money to individuals, it’s being able to buy things online without creating an account and without giving my card details.

Maybe people are thinking in phone terms, and the first party is “Apple” or “Google” and the solution is Apple Pay or Google Wallet?

Thank you for providing a different point of view, I didn’t realize things were so complicated in the united states. In the EU there is a system called iDEAL which iirc is maintained by a collaboration of different banks and lets you pay for stuff online instantly and with zero fee. For sending money person-to-person, there are apps like tikkie that are just a thin wrapper around iDEAL. And in cases where these things don’t work, you can just do a direct bank transfer by typing in the other person’s IBAN in your bank’s app/website. Slightly less convenient, but still nearly instant and zero fee.