GoDaddy buys payments processor Poynt for $320 million to boost ecommerce offerings.

GoDaddy said, Poynt’s technology will let it offer businesses a “complete suite of commerce and payment services”; Poynt CEO Bedier will run a newly created commerce division.

Poynt has raised $128 million in VC funding.

GoDaddy (NYSE:GDDY) saw it’s shares up a little under 1.5%.