The problem is that if you make a PayPal equivalent, you're still beholdent to MasterCard and Visa since you need them for people to actually add money to their account, and if you want to make a direct competitor to MasterCard and Visa, that's basically impossible without government support because they're way too entrenched, why would a business support a random new payment method that nobody is using yet.
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I know I'm gonna get a lot of hate for this because everyone here despises ads, but I can see an argument for it. I don't know if it is legaly sound, but morally, it boils down to the fact that you are literally using a service without paying for it. The website is offering you a product and the payment is ads. If you don't want to pay for it, don't use it, otherwise you really are just stealing it (even if that "stealing" costs very little to the site). I personally use an adblocker and agree that ads on most sites are obnoxious, but I also feel like people make adblockers out to be completely black and white, which they are not.