answer business management question: If credit cards are so widely accepted and globally used, why is there a need for PayPal system? Highlight all the intermediaries between the buyer and seller to differentiate between the two systems

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Credit card payments system as an intermediary, is well accepted and trusted globally. PayPal is less than 10 years old and is today a US$54b business  . If credit cards are so widely accepted and globally used, why is there a need for PayPal system? Highlight all the intermediaries between the buyer and seller to differentiate between the two systems
 
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    Doctor Owens
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