I hope Libra (the new currency from FB) will set a higher bar.

I can confirm that PayPal is horrible to legitimate merchants. One would expect better fraud protection given the high fees they charge. I never expected they would simply “freeze” our funds without explanation.

The only group I'd trust less than PayPal is FB.

No thanks.

Maybe. But Paypal and all the other fintech are still based on traditional banking with all its regulations and inefficiencies. I doubt Libra, if it's ever actually launched, will escape those.