If you have been following the latest business news, chances are you have heard that Securus, a purveyor of technology solutions aimed at law enforcement, corrections, and public safety, has recently acquired “Govpaynet.” If you’re unfamiliar with “Govpaynet,” they process debit and credit card payments for several government entities. Securus Technologies, Inc. and “Govpaynet” have joined forces to essentially become a one-stop shop for government payment services and technology solutions. Since 1986, Securus has been a recognized leader in civil and criminal technology solutions, providing communication services to over 1 million inmates throughout the U.S and Mexico. The recent acquisition of “Govpaynet” significantly adds to the company’s already impressive portfolio and provides customers with a convenient payment method to satisfy parking violations, court fines, and much more.
Securus Technologies, Inc. routinely looks for ways to provide value to their customers; “Govpaynet” along with Jpay, which was acquired in 2015, helps accomplish this goal. Adding these two companies to their portfolio has allowed Securus to enjoy exponential growth; in fact, the Dallas, TX-based company has been ranked as one of the fastest growing companies in its segment. These acquisitions have also expanded Securus’ reach; they now have the ability to tap into “Jpay’s” current customer base, which operates in over 33 state prisons, as well as Govpaynet’s existing customers, which encompasses 2,300 agencies in the U.S. What does this all mean, exactly? Basically, in addition to an already impressive array of products like calling services, video visitation, and information management, Securus can now also offer, through Jpay, email services, tablet products, and inmate payment services. By adding Govpaynet, Securus Technologies is now in a position where they can also provide payment services, which makes paying for things like publicly administered child support, court fines, property tax assessment payments, and parking violations much easier.