Securus technologies has confirmed its acquisition of GovPayNet, an industry leader when it comes to processing credit and debit card transactions to government agencies. The acquisition is a strategic move by Securus aimed at expanding the company’s payment servicing business. Being a leader in the technology solutions’ subsector, Securus Technologies is determined to expand its local and international market-share.
Established in 1997, GovPayNet already serves more than 2,300 agencies in 35 states in the U.S. The company is a renowned provider of payment processing services relating to court fines, cash bail, and real estate as well as property tax payments. Robert Pickens, the president and CEO of Securus Technologies, has expressed the company’s excitement for the successful acquisition of GovPayNet. Robert further explained that GovPayNet and its leadership, led by Mark Mackenzie, have all the attributes that conform to Securus’ business values.
The CEO believes that the acquisition will now enable them to process more than 40 million payments every year. According to him, Securus Technologies now plans to combine its diverse capabilities in order to venture into new segments. GovPayNet’s CEO, Mark Mackenzie, has applauded the deal projecting that his company’s combined effort with JPay and Securus would help grow them grow and venture into new areas.
About Securus Technologies
Securus Technologies is a technology solutions company based in Carrolton, Texas. Accredited by the Better Business Bureau, the company serves about 3,500 law enforcement, corrections, and public safety agencies. It is also reported that Securus currently serves about 1,200,000 inmates in North America region.
Under the leadership of Richard A. Smith as its Chief Executive Officer, Securus has continued to advance its wide range of services including inmate self-service, biometric analysis, information management, emergency response, and government payment services among others. The addition of GovPayNet into its portfolio of products would undoubtedly fuel its growth and expansion.