Securus Technologies, Inc. Completes Transaction to Acquire JPay Inc.

Securus Technologies Company and Jpay have teamed up to provide the most sophisticated services in the inmate industry. For the company, it has always sought ways of expanding and providing all technology services in the platform. When they combine, they will provide the best services concerning the digitized payment platform. The inmate industry has been receiving exclusive services from JPay. However, they will receive these services in a paralleled manner where Securus Technologies Company takes charge of all the activities in the company. Jpay is a company dealing in the provision of digitized electronic payments and the provision of entertainment and education applications in the inmate industry. The company also provides communication services to other inmate facilities.

 

Securus Technologies Company has announced today that they have completed the deal to purchase JPay. In the recent past, the company signed the Stock Purchase Agreement to purchase Jpay Company. Jpay is one of the leading electronics payment and technology companies in the inmate industry. The company also provides numerous mobile applications to the inmate family geared towards entertaining and educating the inmates.

 

According to this transaction, Securus Technologies Company will be thrust to become one of the fastest growing inmate companies in the world. JPay Company serves more than 33 inmate facilities in North America. In the recent past, inmates have enjoyed the services offered by Securus Technologies Company. According to Rick Smith, the company announced that they would purchase Jpay. However, they worked hard to develop this agreement in a manner that is not predicted in this industry. For the company, they are now happy that they have the capability to offer virtually everything concerning technology in the industry. Securus Technologies Company has always admired the service offered by JPay. For a long time, this opportunity came at the best time when the company was ready to expand.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *