This has happened to me, what a nightmare. All my subscriptions are not collecting which is a massive issue. I have restored the site from a backup and I hope this will work and I have also opened a ticket, but I only have 4 hours until my next lot of payments are due to come out.
Customers are getting very confused by it all as they are receiving Paypal notifications that their account has been cancelled.
Subscriptions just cannot fail – they are too important. Everything else can be fixed, but this has to be a priority surely?