Konstantin Wolff, co-founder of the Payleven mobile payment service provider, demonstrates the Chip and Pin mobile card payment service using a smartphone and a bluetooth chip card reader at the company's office in Berlin March 6, 2013. PayPal launched a European version of its PayPal Here mobile payments service for small merchants on February 21 as the online payments division of eBay Inc steps up competition with rivals, 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. REUTERS/Thomas Peter (GERMANY - Tags: BUSINESS SCIENCE TECHNOLOGY)