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May 16, 2012

NetSuite, Stripe partner to streamline online payment

Stripe adds a new payment processing option to NetSuite SuiteCommerce platform

By CBR Staff Writer

Cloud-based financials / ERP software suites provider NetSuite has partnered with Stripe, an online payment system provider to help businesses accept credit card payments quickly and easily for products and services.

The partnership will offer merchants a new commerce application that comprises online payments, a Web storefront, full integration with NetSuite’s financials and CRM.

It will also ahve a central cloud application to manage B2C and B2B transactions regardless of the customer touchpoint, from Web to smartphones, tablets and social media.

The Stripe payment processing application offers a new option to incorporate hassle-free payment functionality into SuiteCommerce, the new NetSuite commerce-aware cloud platform that enables businesses to manage B2B and B2C transactions regardless of current or future touchpoint.

NetSuite Commerce Products general manager Andy Lloyd the two companies share a common vision of streamlining commerce operations and empowering online businesses to implement and scale at faster rates.

"By reducing time to value and minimizing manual tasks in the cloud, merchants can focus on delivering a world-class commerce experience that delights customers and drives revenue," said Lloyd.

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