NetSuite now allows you to create multiple PayPal accounts with the latest version 2012.2. You can use a separate PayPal account for each website you operate. If you use NetSuite OneWorld, you can use a separate PayPal account for each of your subsidiaries.
Below are the steps to enable this feature in your NetSuite account.
I. Feature Enablement
If PayPal account feature is not enabled, follow these steps to enable it:
Note: Enabling this feature may make a PayPal option visible in your webstore, before you are ready to accept payments via this method, check the webstore to make sure this does not happen.
II. How to Setup Multiple PayPal Accounts for Single Subsidiary & OneWorld
Visit PayPal to set up your merchant accounts, then log into NetSuite to create a PayPal account record that corresponds with each PayPal account.
III. Single Subsidiary, Multi-Site Account
IV. One World Multi Site Accounts