First Data today said it would buy payment processor BluePay Holdings for $760 million.

The announcement comes a day after First Data accidently posted the press release on its website, only to take down immediately.

In today’s official announcement, the global payment technology solutions provider said it would purchase Blue Pay in an all-stock transaction from Blue Pay owners, which includes the company management team as well as TA Associates.

BluePay, which provides technology for payment processing to merchants in the U.S. and Canada, has been one of the Atlanta-based First Data’s largest distribution partners. According to the announcement, BluePay processes around $19 billion of annual volume for more than 77,000 merchants and is integrated into more than 450 software platforms.

First Data Chairman and CEO, Frank Bisignano said in today’s statement:

We believe BluePay’s best-in-class integrated Card-Not-Present solutions, combined with CardConnect’s cutting-edge ISV product suite acquired earlier this year, clearly sets First Data apart from the competition in the high growth integrated payments space.

The transaction, which is expected to close in the fourth quarter this year, is expected to be “modestly accretive” in the first-year post-closing.

First Data, which trades on the New York Stock Exchange under the ticker symbol FDC, is trading up 1.8% at $18.77 per share with a market capitalization of $17.34 billion.

Read more at First Data, BusinessWire and Finextra.