PayPal and Venmo outage hit users Friday morning - what we know

PayPal and Venmo, two popular digital payment platforms, experienced a service outage on Friday morning, disrupting users' ability to make and receive payments. The issue has since been resolved, but it caused significant inconvenience for individuals and businesses relying on these services. The outage affected users across various regions, preventing them from completing transactions through the platforms. PayPal acknowledged the problem and stated that its teams were working to restore full functionality as quickly as possible. While the specific cause of the outage was not immediately disclosed, the disruption highlighted the reliance of many on these digital payment services in today's increasingly cashless society. The incident serves as a reminder of the importance of having robust and reliable financial infrastructure, especially for those who depend on these platforms for their daily transactions.