Securus Technologies Expands its Payment Processing Services with another Acquisition

Securus Technologies, the leader in the American incarceration industry, recently declared its decision to expand the firm’s payment processing services by acquiring GovPayNet. Interestingly, GovPayNet is the leader in debit and credit card payments to various government agencies in the incarceration environment. I have noticed that the firm is known as a solution-oriented processor and credited for a number of services including facilitating cash bail, court fines and costs, traffic, parking and speeding violations, property as well as real estate tax payments, and more. Interestingly, GovPayNet provides its high-value services to more than 2,300 correctional agencies that are spread across 35 states or giving coverage to over 26 percent of the counties in the country.

 

The CEO and President of Securus, Robert Pickens said that the company is happy with the deal and excitedly waiting for integrating GovPayNet into its portfolio of products. I am impressed by the leadership of GovPayNet as it has expertise over a few decades in the area and created a business that is based on a great team of associates, excellent customer satisfaction, and high-quality services. He also added that all these characteristics of GovPayNet are something Securus recognize and value a company. Pickens continued that in the continued journey, Securus wanted to showcase its core competency in payment processing services connecting consumers and governmental organizations.

 

He also added that with the integration of GovPayNet, Securus completes more than 40 million transactions or payments annually. Pickens also laid out the plans of Securus including investments in products, sales, and people along with combining services of JPay, to create and work in new segments of government payments market, which the firm considers as one of the most promising areas of the sector. The CEO of GovPayNet, Mark MacKenzie also reciprocated the similar feelings and said that the division wants to expand its capabilities under the vast innovation space created by Securus Technologies.