US payments giant PayPal and payment gateway Braintree have announced the launch of Startup Blueprint in eight markets in Asia Pacific: Australia, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore and Taiwan.
In a statement, PayPal said Startup Blueprint is the first global startup programme in the payments industry for high-tech startups.
Braintree is a Chicago, Illinois-based company that was acquired by eBay for US$800 million last September. PayPal itself became a wholly-owned eBay subsidiary in 2002.
The Startup Blueprint programme partners with startups from the best incubators and accelerators, helping the next generation of mobile and web companies monetise their businesses and connect with 152 million active account holders.
