I hate to say it, but one more reason for crypto or any other alternatives. Those companies became too central and crucial. And with power always comes pressure from various sides and corruption.
Game retailers could get together to form their own payment company, let's call it GamerPay, which deducts purchases directly from a bank account, just like most other bills we pay. They could probably get a lot of non-gaming related companies on board if they offered lower fees and/or more transparency.
People seem to forget that banks have been transferring funds between accounts for much longer than credit cards have been around. The infrastructure exists for bypassing credit cards, they just aren't what the majority use.
Where you set that dial is the kind of fraud you will get.