Checkmate Electronics Inc., a provider of check authorization systems, has agreed to acquire Total Retail Solutions Inc.

Total Retail, based in Brandon, Fla., is a software developer and consulting company specializing in electronic payment services for retailers.

The deal, whose financial terms were not disclosed, "is the next step toward Checkmate providing integrated, easily installable business solutions for every link in the electronic transactions 'value chain,'" said Gregory A. Lewis, Checkmate's president and chief operating officer.

It also "provides further opportunity for Checkmate to leverage recurring revenues and higher average margin business through sales of software licenses and maintenance, solution consulting, and application integration services," he said.

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