Business

PayPal hit with ‘system issue’ affecting merchant payments

November 21, 2024

PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability to process payments.

The San Jose, Calif.-based tech giant issued an incident report on its web site on Thursday saying that the outage “may be affecting multiple products in our Production environment.”

“Merchants may be encountering an elevated number of” error messages.

PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability to process payments. REUTERS

“Our technical teams are actively working towards resolving the issue,” the company said.

The Post has sought comment from PayPal.

The Downdetector website shows at least 8,700 reports from PayPal users of an outage as of 7 a.m. Eastern time.

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Wesley Scott

Wesley Scott is a seasoned business journalist with a knack for breaking down complex financial matters and corporate trends. With a background that includes seven years working on Wall Street, Wesley brings insider knowledge to his reporting, offering readers both depth and clarity. His articles cover a wide range of topics, from market trends and corporate leadership changes to business ethics and the impact of global events on industries. Known for his ability to identify emerging patterns in the business world, Wesley’s writing serves as a reliable resource for professionals and curious readers alike. Whether covering shifts in consumer behavior or unraveling the dynamics of corporate mergers, Wesley's work ensures his audience stays ahead of the curve.