PayPal and Venmo are down worldwide, leaving millions of people unable to send or receive money.

Downdetector, a site that monitors online outage, shows issues hit the digital payment apps at around 8:00am ET.

PayPal has around 434 million active users worldwide, while Venmo has nearly 90 million users in the US.

Users of the apps cited problems accessing payments, transferring funds and logging into accounts. 

‘I sent someone $200, and the money was withdrawn from my account, but the other person didn’t receive it,’ one user shared on Downdetector.

‘There’s no record of the transaction on either end, and I have no idea where the money went.’

PayPal is also a key tool for business owners with many reporting they are unable to access invoices.  

This is a developing story… More updates to come 

PayPal and Venmo are down worldwide, leaving millions of people unable to send or receive money