Paypal Recurring Payment Delay

Anybody have legit info?

[woop01]

Paypal is having an issue with their recurring payments. New subscriptions are going through just fine but recurring subscriptions haven't billed properly for the past two days.

On Thursday, the same day they rolled out an updated look to the logo, payments were delayed but went through in the afternoon. Since then, there haven't been any recurring subscriptions going through. Phone reps haven't been able to say anything more than "we know there's an issue".

Does anybody have any legitimate information about what is going on?

[Wlauzon]

[paypaldeveloper.com...]

[jdancing]

The PayPal blog says this will be fixed in 24 hours. Search blogline for lots angry customer posts.

I can't believe that PayPal does not have serious competition, there seems to be a huge need for someone to step in and create a topnotch web based payment service.

[woop01]

I'm seeing renewals from the 30th coming through now. It looks like they got their techs to come in during the holiday.