There was a earlier competitor much better than PayPal, called Giro-Pay: https://de.wikipedia.org/wiki/Giropay
It had all the stuff PayPal had at launch, also some of the feature made it into the eventually-died "Paydirekt" (which also died)
The main reason could be the high fragmentatin across the EU market.
Though, WERO, now we have a new appraoch, this time with support von ECB :-D
There was a earlier competitor much better than PayPal, called Giro-Pay: https://de.wikipedia.org/wiki/Giropay
It had all the stuff PayPal had at launch, also some of the feature made it into the eventually-died "Paydirekt" (which also died)
The main reason could be the high fragmentatin across the EU market.
Though, WERO, now we have a new appraoch, this time with support von ECB :-D