PayPal is one best, safest and fastest medium for payments, for sending money from one to other wallet or account. It also provides the merchant account. PayPal has a user base of around 277 million around the globe. It is also common that you can face some error while operating your PayPal account. PayPal error code 50023 is also one of the common the error that takes place usually. This PayPal error 50023 possibly occurs due to short balance in PayPal account.