Ingenico SA is buying easycash Beteiligungen GmbH, a German payment processor, for $426 million from Warburg Pincus LLC, a New York private-equity firm, the point of sale terminal maker announced Friday.

Easycash provides terminal sales, transaction processing and loyalty programs in Germany, Ingenico, of France, said, noting it will use easycash to "leverage on the growth of payment transactions in the coming years."

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