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

Securus Technologies is one of the leading companies when it comes to the issuance of high-end technology solutions to the correctional space. For more than 20 years of excellence and experience in the inmate industry, Securus Technologies is now serving more than 50 correctional facilities in and out of the United States. The company’s compatibility with the inmate space has led it to massive rates of adoption in a manner that depicts better business values. Perhaps this is the reason why the company is adopted on a massive scale in the industry. Few companies can compare their levels of success in the inmate space.

 

JPay Company is one of the leading companies when it comes to digitized payments. The company has operated in the in the inmate space for more than one decade. For all these time, JPay has developed a good name as one of the most trusted forms of digital payment solutions the inmate space is proud to have. JPay Company also offers numerous entertainment solutions such as music downloads to the inmate space in a manner that is not paralleled in the industry. For more than one decade of professional experience, JPay Company has developed facilitated business solutions towards developing teaching apps that are meant to help the inmates pass through a smooth correctional experience.

 

Securus Technologies has announced today that they have signed a definitive stock purchase agreement that will be completed when they issue the last payment. For this reason, Securus Technologies will acquire JPay Company for better business reviews in a manner that is not paralleled in the industry. Securus Technologies stated that they have always admired the services offered by JPay Company for more than three years now. For this reason, the purchase will propel Securus Technologies to become one of the fastest growing companies in the industry.

 

Securus and GTL Bake Off Challenge – Who’s Got My Call?

I’m just like everyone else. I like to know that my call gets to the right person at the right time for the right price. It’s not rocket science. It’s common sense.

 

The question is which one will give me all the above – Securus or GTL?

 

Securus CEO Richard A. Smith threw down the gauntlet and set the rules. Objecting to GTL’s claims of comparable features and services, Smith called for an independent judge to study both companies’ products and service capabilities. Smith emphasizes the competitive advantage of Securus’ investments. The company has spent $700 million in product development, technical platform improvements and company acquisitions. Securus established a modern Technology Center and US Customer Service Center.

 

Both Securus and GTL provide technology and call management solutions for use by civil and criminal justice institutions. Both provide essential services. This is product line versus product line. Which platform has the power, flexibility, technical smarts and overall economical value to take home the prize?

 

Smith is confident that he has the better system. Securus has conducted customer surveys among customers who have switched from GTL to Securus. The findings have revealed that Securus is preferred three to one. Those surveyed found Securus technology, value and customer service experience superior.

 

On paper, the two companies are comparable but platform performance and customer satisfaction may be the deciding factors for me. Let the bake off begin.