^ This doesn't mean it was the fault of PayPal
If your service is good takers will be there, concentrate on the service quality, only cheap prices can get you quick clients, but if you want to stay long and want long term clients, the quality of the service matters.
Personally I believe PayPal is a big player and growing more as well, so no-one will stop accepting PP. The only bad side is it's scope, many potential business countries are not allowed, specially some Asian countries.
We have a good experience with PP and will use it.
Thanks,
Vijay