Reston, Virginia (PRWEB) February 05, 2015
Global Tel*Link (GTL), the leading provider of integrated correctional technology solutions, announces that it has acquired TouchPay Holdings, LLC (TouchPay), a leading automated payment services company. The acquisition is the next step GTL has taken in its path to grow its payment services business into new government sectors, expand its corrections payment service business, and ensure it delivers the highest quality payment services to customers with the utmost dedication to security and compliance.
TouchPay has over 25 years of experience in providing high quality, reliable automated payment services, and is respected as a leader for correctional payment services. The company offers a suite of funding solutions spanning the duration of an inmate’s custody, including unique intake kiosks for the booking area, lobby kiosks for the funding of inmate accounts by family and friends, self-release bail solutions, inmate release debit cards, on-line and telephone credit card payment options, and more. With the wide range of services and solutions offered by TouchPay, GTL can help correctional institutions to stay focused on their core mission of rehabilitating inmates and maintaining safety and security by eliminating the hassles that accompany payment processing, especially with regard to cash payments and pickup.
“We are proud to enhance our correctional payment services offerings through the acquisition of TouchPay, which had already been a trusted technology partner of GTL prior to the acquisition,” said Brian Oliver, CEO at GTL. “With this acquisition, we enhance our technology offerings and ease the burden that payment services – particularly cash payments – place on our correctional facility customers. Additionally, we are able to add the highly valuable, leading experts in payment services from TouchPay to our team of customer-focused employees.”
In addition to correctional payment services, TouchPay offers government customers a wide variety of turnkey and customized automated payment systems for child support, probation and parole, and other court-related payments. The payment processing solutions can save a great deal of time and free court employees for other critical work. “We believe government payment systems, similar to those utilized in correctional settings, can be exceptionally effective in easing court payment operations,” said Ronny Park, co-founder and former partner of TouchPay, who now serves as a senior vice president at GTL. “These systems provide tremendous convenience, availability, and time savings for citizens making payments while they reduce the staffing burden for payment processing placed on court and child support systems, making them ideal for all parties involved.”
In the field of payment services, the company’s dedication to compliance is evident in its acquisition of TouchPay and throughout its business: GTL has comprehensive OFAC and AML/BSA policies in place and is fully compliant with federal (FinCEN) and state regulations.
Additionally, GTL is authorized for money transmission in 48 states, with the remaining two state authorizations expected by the end of 2015. TouchPay is a wholly owned subsidiary of GTL. For more information about GTL, please visit http://www.GTL.net.
About Global Tel*Link
GTL is the leading provider of integrated correctional technology solutions, delivering financial value, security, and ease of operation to our customers through visionary products and solutions at the forefront of corrections innovation. As a trusted correctional leader, GTL provides service to approximately fifty percent of inmates nationwide, including service to 32 state departments of corrections, the District of Columbia, Puerto Rico, and 32 of the largest city/county facilities. The company offers secure payment services that are PCI compliant. GTL is headquartered in Reston, Virginia, with more than 10 regional offices across the country. To find out more about GTL, please visit our website http://www.gtl.net.