PayPal down: App not working as users can’t access their money

PayPal has stopped working properly and users are unable to access their funds.

The company’s status page said it had “a system issue” that had caused problems across a number of different parts of PayPal, including the ability to withdraw money or use its express checkout tool.

“Our technical team is actively working to resolve the issue,” the update said.

The problems also affected PayPal’s crypto offering and the Xoom and Venmo apps that can be used to send money online.

Other parts of PayPal — such as Zettle, the small card machines used by many merchants to make sales — worked as expected, the site indicated.

Tracking website Down Detector recorded a huge increase in the number of people reporting problems around midday UK time on Thursday.