SSLv3 Error in Woocommerce with Paypal Gateway

I have a WordPress/Woocommerce site running on a Windows 2012 R2 Server with IIS 7. Woocommerce is talking to paypal sandbox. Since I while the IPN does not work anymore. I am sure it has to do with the security issues with SSL3.

The error I am getting is:

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SSL routines:SSL23_GET_SERVER_HELLO:sslv3 alert handshake failure

I tried to disable SSL3 on the server. As far as I read TLS 1.2 should be automatically enabled on Windows 2012. Not sure why it is still getting the sslv3 error ? Currently running php5.4 but tried to run it with php7. Same issue.

Not sure what I need to do next to over come this problem ?

Anyone any suggestions ?

thanks a lot in advance.
Moz

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