PayPal hit a snag earlier today, leaving thousands of users worldwide unable to complete transactions. For nearly two hours, the payments giant faced a global outage, causing chaos for users trying to send or receive money.
The glitch wasn’t just limited to regular payments—it even affected PayPal’s cryptocurrency services. This hiccup came at an interesting time, with Bitcoin crossing the $98,000 mark. Other platforms like Coinbase and Kraken also faced similar outages, making it a rough day for crypto enthusiasts.
Downdetector, a website that tracks real-time outages, logged nearly 9,000 reports of PayPal transaction issues during the peak of the disruption.
Thankfully, PayPal has resolved the issue, and things are back to normal. So if you were stuck earlier, you should be good to go now!
