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Electronic Payments acquires Washington-based Vault Payments Group

Calverton, N.Y.-based Electronic Payments Inc. on April 12 announcedthe acquisition ofsubstantially all the assets of Clarkston, Wash.-based Vault Payments Group, a developerof software that provides merchants with integrated payment processing.

Terms of the deal were not disclosed.

Electronic Payments will offer the Vault Plugins brand as itsin-house suite of ERP integrated products. All of Vault Payments' employees joinedElectronic Payments and will operate from a new Washington office.