PayPal Crashes: Global System Fault Hits Every Account Monday Night
Electronic payments platform PayPal has been hit by a major systems failure worldwide. The fault rendered all new transactions made since the fault occurred invisible to both the sender and the recipient.
Some users reported that their account showed a reduced balance after making a transaction, but that the transaction itself was not listed. As a result, their money appeared to have "vanished into thin air", according to one account holder.
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