Shares of PayPal (PYPL) are rising Tuesday, buoyed by the company's first quarter performance, which saw payment volume surge 14%. The digital payment giant exceeded analysts' revenue expectations, posting a top-line figure of $7.7 billion, beating the Street's estimate of $7.51 billion.

Yahoo Finance's Seana Smith and Brad Smith break down the details of the report.

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This post was written by Angel Smith