Securus Technologies and Jpay were two separate companies until they both signed a memorandum of purchase. Securus is set to become one in common with Jpay after it agrees to pay the agreed amount in purchase of the company. As a matter of fact, the two companies have been admiring one another in business and leadership of their various sectors this is the reason why their purchase was one of the most independent ways of securing active purchase materials. Jpay is one of the largest and leading providers of entertainment, communication, and digitized payment providers in the correction market. According to the Forbes Magazine, the company is now serving more than 33 inmate facilities in North America. Its success and growth came about through their innovative ways of developing products and services in the United States.
Secures Technologies is also working to announce today about their confirmation to sign the post-purchase agreement to commit themselves to purchase the company. This is one of their most accredited purchases to be made by Securus this year as a sign of impediment sacrifice. For a long time, Jpay has been a market leader in the provision of the email, digital payments, and numerous entertainment applications to the correctional market. The company, according to a report reveal by the Forbes Magazines, has its operations in more than 33 prison facilities in the United States.
According to the President of Securus Technologies, this transaction will propel them to get the best technology services in the United States. For this reason, they will also achieve collateral growth which is their main confirmation issue this year.