Massive Disruption of PayPal Subscription Service
hausmasta writes "Since August 30, there are massive problems with PayPal subscriptions. The automatic renewal of subscriptions stopped that day, causing headaches for lots of web site owners that rely on this kind of revenue. The problem is global, as this thread in the PayPal Developer Community shows. PayPal is aware of the problem but hasn't indicated any progress yet; some posters are wondering whether they have stopped working on it over the long (US) holiday weekend."
That would make sense for say Veteran's Day. But for Labor Day we honor ourselves, the workers. In any event, when a 24/7 company is down, you bet they're working on it. It doesn't just cost their clients money, it costs PayPal money.
One week can be a long time to wait for payment for small business.
i cane_Katrina-PayPal_conflict
I think there definitely needs to be more serious competition in this area, just to provide a little healthier competition.
I'm sure we all remember other problems with PayPal:
http://en.wikipedia.org/wiki/Something_Awful#Hurr