A Smart Decision of Acquisition

When Securus Technologies was first created it did not exactly know what niche to meet in the business world. Eventually, they chose to focus their attention on the penal system, supporting not only government workers but also inmates who were serving time in jails and prisons. In order to meet these special needs, Securus Technologies created a suite of different communications and security programs that could benefit both sides of the bars. Their most popular system is a video chat interface that inmates can access on their mobile devices. The system is easy to set up and learn and has become an essential part of their lives. Instead of having to wait for long periods of time to see their family members and loved ones during normal visitation hours they can instead bypass security checks and waiting periods and immediately see and talk to them. This is a wonderful product, but with the continual levels of support and upgrades, there is a fee that is charged per month. Many Securus customers are delinquent on payments or find it hard to make their monthly bill on time.


In order to battle this payment issue, Securus Technologies recently made the decision to acquire the online financial company GovPayNet. This company specializes in different payment options for clients. Instead of just offering a credit card or a bank account as a payment option, for example, customers would have the ability to use pre-paid credit cards, PayPal and other sources of payment other than the norm. This is a great option as not many Securus customers have functional bank accounts or the credit line to receive a credit card.


For more information on this exciting company merger please visit the following link. You will not be sorry that you did: http://www.prnewswire.com/news-releases/securus-technologies-inc-to-acquire-jpay-inc-300065531.html


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