Securus Technologies and JPay team have agreed to unite in the closest bond of all. For the two companies, they have admired each other’s services for a long time now. For this reason, this was the best opportunity to have the two unite and make a better bid which will only be broken through disengagement. Securus Technologies has agreed to sign a stock agreement for purchase. They are also in a position to acquire JPay Technologies. JPay is one of the rare companies serving the inmate facilities in the United States with services including digitised payments, education materials and applications, and entertainment combined with communication technology systems in the correctional market.
Securus Technologies, in an announcement made by one of the officials of the company today, said that they have agreed to dedicate themselves to sign the stock agreement for the purchase of JPay Company to become part of their daily services in the United States correctional space. For Securus Technologies, nothing gives them more honour than to combine their services with one of the best inmate facility providers of solutions and products. JPay has served more than 35 patient facilities in North America alone. This is the reason why Securus Technologies saw this opportunity to expand and grow inorganically as part of their growth strategy.
JPay is one of the leaders in the market for the provision of solutions regarding technology and the electronic payments systems. JPay also works with its stakeholders to provide electronic educational and entertainment materials in the same inmate facilities. In the recent past, the company started the production of communication systems which are geared towards its growth. According to the Forbes Magazine, Securus Technologies is one of the fastest growing companies serving the inmate facilities in the United States. For more than one decade of professional experience, the company has gained traction on a massive scale.