PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability to process payments.

The San Jose, Calif.-based tech giant issued an incident report on its web site on Thursday saying that the outage “may be affecting multiple products in our Production environment.”

“Merchants may be encountering an elevated number of” error messages.

“Our technical teams are actively working towards resolving the issue,” the company said.

The Post has sought comment from PayPal.

The Downdetector website shows at least 8,700 reports from PayPal users of an outage as of 7 a.m. Eastern time.

As of 8:30 a.m., however, the number of reported outages on Downdetector declined significantly and the site appeared to be accessible to users.