Securus Technologies Acquiring GovPayNet to Strengthen its Position in Payment Processing Sector

Securus Technologies is one of the premier companies in the correctional field and is also one of the oldest companies in the sector. Securus Technologies has played a pivotal role in not only transforming but also modernizing the corrections space and has helped in the development of modern correctional technologies that are in use now. Securus Technologies believe that it is essential for the penitentiary field to grow and integrate the use of highly advanced technology so that the inmates can be benefitted, and the entire correctional ecosystem is safer and more secure.

 

Securus Technologies has always been focused on growth, and as a part of its growth strategy, the company recently announced that it had acquired GovPayNet, which is a category leader in the payment processing sector for the government agencies. The services of GovPayNet are provided by more than 2,300 agencies across the country and are active in 35 states, which accounts for more than 26 percent of all the counties in the United States. With more than two decades of experience in the business, GovPayNet has sufficient experience in the industry and is certainly going to help Securus Technologies strengthen its position in the payment processing business.

 

Securus Technologies has been for long trying to add new businesses to its portfolio, and with GovPayNet, it has been able to do just that. It not only would help the company to add new services to its long list of services that it already provides but would also help in adding more customers. The management of GovPayNet and that of Securus Technologies are happy with the acquisition and believe that the deal would be mutually beneficial for each other to further explore the correctional field and add more valuable clients to the business. The name Securus Technologies has become synonymous with quality and trust in the penitentiary sphere in the last few years, and it continues to live up to the expectations of its customers.

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