Meanwhile, PayPal acquires mobile payments firm Paydient.
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SuiteCommerce extends NetSuite's history of innovation and leadership in cloud Ecommerce. With NetSuite customers processing more than 250 million online transactions and 1.8 billion page hits in 2011, NetSuite's Ecommerce solution is used by thousands of e-tailers and B2B companies in numerous industries, including software, wholesale distribution and manufacturing. The new SuiteCommerce platform and NetSuite Agency Program validate Gartner's ranking of NetSuite as a "Visionary" in its Ecommerce Magic Quadrant for three consecutive years.