SAN FRANCISCO (Reuters) - PayPal, eBay Inc.'s (EBAY.O: Quote, Profile, Research) online payment service, has had intermittent glitches in its system since late last week and is working to fix the problems with payment processing, log-ins and new account creation, the company said on Monday.
"We are working furiously. ... We have all resources dedicated to getting it fixed as soon as possible," PayPal spokeswoman Amanda Pires told Reuters.
Pires said the problem appeared to be related to a coding update late on Thursday. "We haven't found the ultimate cause," she added.
It was not immediately clear how widespread the problems were, although eBay's message boards were filled with postings about the glitches.
Michael Bokan, of West Charlton, New York, told Reuters PayPal usually processes 5 to 10 payments a day on orders from his fly-fishing equipment Web site flyshack.com.
Bokan, who said he can see payment requests being sent to PayPal, said no payments came through on Friday, less than half than normal were processed over the weekend and just one was done on Monday.
