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Zachary Houle

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Will The Acquisition of GovPayNet Be Beneficial to Securus or a Disaster?

The journey of GovPayNet and Securus Technologies is one that the market is looking forward to with great certainty. As the acquisition of GovPayNet by Securus was made factual, so did the excitement by the two CEOs. How well will this acquisition fare and will it be a continues uphill progress or will it fall flat on its face?

 

GovPayNet has been in business for over 20 years. Processing government agencies’ credit and debit card payments and putting many bright smiles on user’s and investor’s faces in the process. With 2,300 agencies serviced in 35 states across the U.S., its cutting edge technology and customer service has been a positive experience in which these agencies have appreciated.

 

Securus was founded in 1986, over 30 years of market surging, providing governmental focused technology towards: public information, incident management, emergency response, inmate self-service and other related technology to law enforcement, correctional facilities and public safety – over 3,500 agencies in the U.S.

 

These two governmental focused companies, together is a definite impact on the market and since the acquisition, a market share increase have been in their favor, taking substantial amounts from leading competitors.

 

As it has been reported, Securus has managed to score a whopping 40 million payment processes a year since the acquisition and plans to increase that number by at least 24% by next year.

 

The CEOs of each company: GovPayNet – Mark Mckenzie and Securus – Robert Pickens, both are extremely electrified about working with the other and with the successful history of these two over the years, ideas of greatness and prosperity is set to transpire in the future to spearhead accomplishments much greater than 40 million payment processes a year.

 

Visit the websites of both GovPayNet and Securus Technologies to get a detailed content description of what incredible benefits the two companies have to offer this year.

 

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