due-to-a-two-hour-failure-in-the-paypal-system-thousands-of-people-around-the-world-were-unable-to-access-their-accounts

Due to a two-hour failure in the PayPal system, thousands of people around the world were unable to access their accounts

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Many PayPal users faced malfunctions in the payment system on Thursday, which lasted two hours. UNN reports with reference to The Independent.

Details

On Thursday, around 11 a.m., PayPal stopped working properly, and users cannot access their funds.

The company's status page reports that it is experiencing a "system issue" that has caused problems in various parts of PayPal, including the ability to withdraw funds or use the express checkout tool.

The problems have also affected PayPal's cryptocurrency offering and the Xoom and Venmo apps, which allow you to send money online.

Other parts of PayPal - such as Zettle, the small card machines used by many traders to make sales - worked as expected, the page said.

The Down Detector website registered a huge spike in the number of people reporting problems around noon.

About two hours later, PayPal announced that it had fixed a system issue that affected several products in the company's production environment. The company reported experiencing a significant number of service outages, which merchants reported as "HTTP 500 error for REST API calls.

The incident caused concern among PayPal's large user base, especially in the community of merchants who rely on its services to process payments.

Recall

In the summer, a massive technology outage hit airports around the world, causing flight delays and check-in problems. Airlines and airports report difficulties with IT systems and passenger service.

Delta Air Lines subsequently filed a lawsuit against CrowdStrike over a global system outage in July. The incident resulted in flight cancelations for 1.3 million passengers and losses of more than $500 million.

Технічний збій спричинив затримки і відміну рейсів в аеропорту Франкфурта04.10.24, 13:10

Anastasia Ryabokon

Economy

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