I can't imagine in what world it sounds like a good idea to attach an extra insurance product as a mandatory step to use cash online. Feel free to take out insurance for every 5€ product you buy online but I don't want to pay an extra % of my income to the finance industry just to use the money I've earned

This one, apparently, based on how the CC duopoly keeps freezing out legitimate businesses based on the concern du jour. Payment providers should be dumb pipes with other services bolted on top as needed.