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00:00At a surprising turn of events, millions of PayPal and Venmo users across the United States
00:05faced major disruptions on October 16, 2025, sparking frustration and confusion online.
00:12The outage began around 11 a.m. Eastern Time, as users reported being unable to log in,
00:18check their balances, or complete transactions. According to data from DownDetector and various
00:23tech outlets, PayPal outage reports surged past 10,000, while Venmo complaints exceeded 8,000,
00:30making it one of the largest digital payment interruptions of the year.
00:34Both services, owned by PayPal Holdings, serve as critical financial tools for individuals,
00:40freelancers, and small businesses, especially during weekdays when online transactions are at
00:45their peak. Users took to X, formerly Twitter, to express concern, fearing potential data breaches
00:51or system attacks. However, PayPal confirmed that it was a technical service disruption,
00:57not a cyber attack, and assured customers their funds remained secure. Within a few hours,
01:03most systems were gradually restored, but the incident reignited debates about the reliability
01:08of centralized digital payment platforms. This outage serves as a wake-up call in an increasingly
01:14cashless economy, reminding users to diversify payment methods and keep backup options ready.
01:19For now, both PayPal and Venmo are back online, but experts warn that as digital transactions grow,
01:26so does the risk of large-scale outages impacting millions worldwide.
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