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14Feb/18Off

Securus Technologies Secures Yet Another Payment Processor

In early January of this year, Securus Technologies continued its addition of subsidiaries with the purchase of GovPayNet. This payment processing company is based in Indianapolis, Indiana and was formed in 1997. Since then they have gained contracts with more than 2,300 government agencies to provide electronic credit and debit payment processing. The acquisition of GovPayNet, along with its previous acquisition of JPay, gives Securus the ability to process more than 40 million electronic payments yearly. Mark MacKenzie will stay on as CEO of GovPayNet, a role that he has been in since 2012. This is the latest in a long line of subsidiary acquisitions that Securus has made over the past decade. GovPayNet was formed in 1997 and operate in 35 states, with their services provided to over 25% of U.S. counties.

 

Securus Technologies owns over 20 subsidiaries that provide technology solutions for inmates, corrections facilities, and law enforcement agencies in the U.S. and Mexico. A few of their companies include JPay, Telerus, and CellBlox. These companies and others provide a number of services including cell phone detection, biometric analysis, telecommunications, payment processing, and others. They provide technology-based services to over 1.2 million inmates in over 3,500 corrections facilities. Founded in 1986, the Dallas-based Securus Technologies employs over 1,300 people in both Texas and Atlanta, Georgia.