PayPal has been down for more than an hour, and there is no sign of any notice or explanation from the company regarding the reason for the issue.
For the last two hours, users have not been able to access PayPal, and many of them faced a problem of impossibility to process payments through the payment system. According to the latest data, more than 50 percent of users cannot log into their accounts. About 30 percent of users can log into their accounts, but cannot make online payments.
PayPal is an online payment system that lets users pay for products and services at online stores using a secure Internet account. It also allows you to receive money from other PayPal users or services or alternatively transfer it.
PayPal representatives have not made any official announcements regarding the global issue, nor have they provided any explanation as to why this is happening.
According to unofficial data, the reason for this problem may be the coronavirus pandemic. Because of the continuous spread of COVID-19, many people stay at home to self-quarantine ant thus save their lives and lives of other people. While spending all the time at home, people may start buying stuff online using PayPal, which could have resulted in the system’s overload. Similar problems were observed last week, though.
We’ll update the article as soon as we receive any additional information about PayPal’s current issues.
UPD: If you change your IP address to another country via VPN, you will no longer have any difficulties with logging into your PayPal account or making payments via the system.