Payment Processing Company Acquired by Securus Technologies

Prison technology and government payment processing giant, Securus Technologies, announced that the company has acquired GovPayNet, one of the largest payment processors in the industry. The deal will allow GovPayNet, headquartered in Indianapolis, to operate under that name in the future. The company was formed in 1997 and specializes in processing government debit and credit payments, and has current contracts with over 3,500 agencies in the United States. Their business covers over 26% of U.S. counties. The move will allow Securus the capability to process over 1.2 million payments per year, establishing the company as the premier player in that space.

 

Securus Technologies is a Dallas, Texas-based technology company that specializes in inmate self-service, phone and video conferencing, biometric analysis, emergency management, and incident management to over 2,300 corrections facilities in North America. The company employees over 1,000 people in Dallas and three other regional offices in the United States. The move to acquire GovPayNet is the latest in a number of acquisitions by the company in the past 10 years, as they have positioned themselves as the number one provider of inmate and parolee communications. The CEO of GovPayNet, Mark MacKenzie, will stay in his leadership role at the company.