VA-based Global Tel*Link has acquired TouchPay. 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.
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.
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.
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.
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.
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