Prison technology giant, Securus Technologies, announcing on January 4, 2017 that the company had reached an agreement to purchase payment processor, GovPayNet. The acquisition will enable Securus the capability to process over 40 million payments on an annual basis. The Dallas-based company is excited about the transition and the increased capability it will be able to provide to its customers. GovPayNet will continue to operate under its current name, and CEO Mark MacKenzie says that the move will allow the company to expand its existing services.
Securus Technologies was first formed in 1986 and has established itself as the number one prison technology company in the United States. The company provides emergency response, incident management, self-service for inmates, and many other services to over 3,500 agencies. At last count, over 1.2 million inmates use Securus products in the North America per year. Their technology-enabled service is constantly expanding with this acquisition being the latest in a long line of over 20 acquisitions by Securus Technologies in the recent past. GovPayNet was established in 1997 and aims to provide debit and credit payment processing for government agencies to include prisons, jail, county tax services, and many other agencies. The company is based in Indianapolis, Indiana and services over 2,300 agencies nationwide.