PayPal

The PayPal application can be viewed on a mobile phone.Felix Kästle | Image Alliance | Getty ImagesPayPal shares rose as much as 5.5% in expanded trading on Wednesday after generating gains in the first quarter that were stronger than…

PayPal is unlikely to buy digital currencies like Bitcoin, although the company sees immense opportunities in the digital wallet space.Speaking on CNBC's Mad Money Thursday, John Rainey, PayPal's chief financial officer, said the payment…