Paypal Holdings Inc (NASDAQ:PYPL) unveiled its latest quarterly earnings results late today.

The company posted earnings of 46 cents, compared to analysts’ expectations of 43 cents per share, according to Thomson Reuters. In the year-ago quarter, the company earned 35 cents per share.

For the period, PayPal posted revenue of $3.24 billion, which also beat the Wall Street consensus estimate of $3.18 billion, according to Thomson Reuters. In the year-ago quarter, the payment services provider raked in $2.67 billion, marking a 21% sales increase year-over-year.

One of the strongest segments of the quarter for PayPal was Venmo, the popular payment method where you can transfer money to friends and family at the click of a button. The business processed $9 billion in payments in the quarter, twice as much as in the year-ago period.

“In addition to our solid financial performance, we also reported record customer growth with the addition of 8.2 million net new actives,” said CEO Dan Schulman in a statement. “As the world rapidly accelerates to digital payments, we have a tremendous opportunity in front of us.”

The company brought in a record total payments volume of $114 billion, which measures the total transactions on the platform. The figure was a 30% improvement year-over-year.

PayPal also raised its guidance for the fiscal year 2017 to earnings in the range of $1.86 to $1.88 per share. Revenue is slated to come in between $12.92 billion and $12.98 billion.

PYPL stock soared 3.9% after the bell Thursday following a day of flat trading.