Cryptologic Inc. of Canada, an Internet software company, said it has bought a 4.3% interest in Electronic Card Systems Inc. of California, a processor of credit card transactions primarily for on-line merchants.

Cryptologic paid $400,000 for the stake, saying the link will let it improve processing capabilities for its merchant customers. Electronic Card Systems could also serve as an outlet for an electronic cash product that Cryptologic plans to introduce this year.

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