PayPal to open exclusive start-up club for web and mobile firms

Comments "Amazing initiative of Paypal in order to encourage Startup to promote the Paypal wallet and stand at the heart of innovation""

Extract "PayPal today announced a worldwide programme that will provide discounts to tech start-ups using its payment platform.

PayPal said the aim of its Blueprint programme is to help the next generation of mobile and web start-ups grow and succeed. 

Under the initiative, Paypal will waiver its processing fees up to $50,000 (£31,000) for start-ups over an 18 month period. It will also provide support to developers through partnerships with tech accelerators based in EMEA and North America."

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