PayPal Outage Cripples Internet Sales for Hours
{{#rendered}} {{/rendered}}PayPal suffered periodic breakdowns that crimped Internet sales for more than four hours Monday.
The main outage occurred from 1:30 p.m. EDT through 2:30 p.m. when PayPal was unable to process any transactions worldwide, according to company spokesman Anuj Nayar.
The online payment service continued to experience scattered problems until about 6:10 p.m EDT. A bad piece of hardware caused the trouble, according to PayPal's blog.
{{#rendered}} {{/rendered}}PayPal is looking into whether merchants should be reimbursed for any lost sales during the outage, Nayar said. The payment service is owned by San Jose, Calif.-based eBay Inc., one of the Internet's main shopping centers.
PayPal and another eBay payment service, Bill Me Later, handled $16.7 billion in sales during the second quarter.