Royal Pingdom:
Posted in Main on August 4th, 2009 by Pingdom
As you may know, PayPal suffered from downtime yesterday. Overall, the problems lasted approximately 4.5 hours before being fully resolved. Since a significant number of e-commerce sites and online services handle some or all of their transactions through PayPal, how much money did the PayPal outage end up costing its users?
According to eBay (which owns PayPal), about $2,000 in payments flow through PayPal’s systems every second. This means that PayPal processes about $7.2 million in payments every hour for its users. [Read the rest]
posted by: gqpartner
As you may know, PayPal suffered from downtime yesterday. Overall, the problems lasted approximately 4.5 hours
before being fully resolved. Since a significant number of e-commerce
sites and online services handle some or all of their transactions
through PayPal, how much money did the PayPal outage end up costing its
users?
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