2<\/p>\n PayPal has experienced a global technical outage on August 1 (stock image)Credit: Reuters 2<\/p>\n Venmo is also having difficulties (stock image)Credit: Getty<\/p>\n Thousands of reports of technical difficulties<\/a> came through earlier this morning involving PayPal and Venmo, per Downdetector<\/a>.<\/p>\n Nearly half of users cited payment issues and app malfunctions, with around a quarter noting an inability to login.<\/p>\n Some feared they lost hundreds of dollars in an instant.<\/p>\n “I went to send $860 for rent and the transaction is no where to be found,” a frustrated customer, Taylor, wrote in a comment.<\/p>\n “PayPal balance reflects what I sent however there is no transaction details. I have no email saying it sent either.”<\/p>\n Others echoed similar transaction problems.<\/p>\n MONEY MISSING?<\/p>\n “Sent $60 from Cash App to PayPal and it’s supposed to be instant but is not in my account. What’s going on with PayPal?” fellow user Anna questioned.<\/p>\n “My girlfriend sent me $400 and it is not reflecting in my account AT ALL,” a third, Aaliyah, wrote.<\/p>\n Someone else speculated that PayPal had “been hacked” and they allegedly received “no response” from the company.<\/p>\n PayPal confirmed on its website<\/a> on Friday that the outage was indeed global, and that technical teams were continuing to resolve issues.<\/p>\n Huge Global Data Breach: 16 Billion Accounts at Risk<\/p>\n As for Venmo, 79% cited<\/a> failed payments this morning nationwide.<\/p>\n At least 17% couldn’t make transfers and 4% couldn’t even login.<\/p>\n “Can’t pay rent!” an anonymous Venmo user cried, similar to those with PayPal.<\/p>\n “Unable to receive or send funds this morning,” another echoed.<\/p>\n Check if your bank or service provider is down<\/p>\n THERE are a few different ways to find out if your bank or other financial service provider is experiencing an outage.<\/p>\n Senior consumer reporter\u00a0Olivia Marshall\u00a0explains how you can check.<\/p>\n If you’re trying to send money to someone or you want to check if you have enough cash for a coffee, finding your online banking is down can be a real pain.<\/p>\n Most banks and e-money firms have a dedicated\u00a0news\u00a0page on their website to show service problems, including internet banking, mobile\u00a0apps, ATMs, debit cards and\u00a0credit cards.<\/p>\n You can also check on any\u00a0future\u00a0work they have planned and what it might mean for you.<\/p>\n Plus, you can check websites such as\u00a0Downdetector, which will tell you whether other people are experiencing problems with a particular company online.<\/p>\n “Trying to do an online grocery order and both paypal and venmo keep getting declined even though I have the funds,” a shopper, George, also wrote.<\/p>\n Except, the outages for both PayPal and Venmo have now ceased this afternoon, according to what a PayPal spokesperson told The US Sun.<\/p>\n “PayPal and Venmo experienced a temporary interruption this morning that has since been resolved,” they said.<\/p>\n NOT AGAIN<\/p>\n This is the second time PayPal has experienced a global outage in the past nine months.<\/p>\n In November, a glitch also impacted thousands<\/a> of personal and business accounts with the platform.<\/p>\n Some users were also left unable to make transactions or login, similar to this month’s outage.<\/p>\n While banks and financial technology companies typically don’t have payout compensation for drops in services, those who incurred unexpected costs due to service issues could get their money back.<\/p>\n For example, if a rent payment didn’t go through due to an outage and a customer was charged a late fee, they could submit a formal complaint<\/a> with PayPal through its website.<\/p>\n Depending on the complexity of the problem, it could take around 15 days for payment-related complaints to be resolved.<\/p>\n PayPal also announced a new payment method<\/a> to help consumers avoid “complex” banking rules last month.<\/p>\n![\"Illustration](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/NINTCHDBPICT001013114829.jpg\")
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