There’s a mad rush of tips coming into us right now that PayPal’s online purchasing service is down for the count. While the site itself appears to be loading (though very slowly), numerous buyers and venders are reporting that sales are not going through. A quick scan of Twitter tells the same story. And it looks like it has been down for something like an hour and a half now.
So the main site and the all-important PayPal APIs are not working. Not good.
It will be interesting to see how PayPal follows this up. A lot of merchants undoubtedly lost a lot — and I mean a lot — of money today.
Keep up-to-date at Techcrunch