PayPal takes mobile payment service to Europe
SAN FRANCISCO (Reuters) – PayPal launched a European version of its PayPal Here mobile payments service for small merchants on Thursday as the online payments division of eBay Inc steps up competition with ivals, including Square Inc. PayPal unveiled a new device, about the size of a smartphone, that allows small merchants to accept credit and debit cards under a more-stringent and complex system in Europe known as Chip and PIN. The gadget connects to a new PayPal app that merchants can run on Apple Inc iPhones and Android-based smartphones. . . .
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