Bitcoin/Crypto will make all payment processors including banks obsolete.

[Bitcoinpro]

All will continue to operate for some time, mostly the banks because of the fiat handling facilities

though they could reach a rather speedier demise than what we are imagining, speculation at

the time frame would be only an educated guess at best. Payment processors like paypal/credit

cards could survive from a purely transaction insurance standpoint though they would need sufficient

capital restructure and reorganization.