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Prepaid Growth Continues Within Correctional Facilities

Mercator Advisory Group by Mercator Advisory Group
March 16, 2011
in Analysts Coverage
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Set of Colorful Cash with wings swiftly fly over a blue globe

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Prepaid deployment to support correctional facilities is measured by Mercator Advisory Group in the Prepaid Annual Benchmark. This announcement by JPay indicates the market continues to gain traction:

“JPay Inc, the leader in offender related payment and media services, has been awarded an exclusive contract by the Louisiana Department of Public Safety and Corrections to provide electronic offender payments, release debit cards, offender email, kiosk services and MP3 players to the State’s 40,000 offenders and their families.”

In a correctional facility, prepaid is used to control inmate access to a wide range of solutions, including money remittance from friends and family, phone access, and digital content while simultaneously providing visibility into inmate activities:

“DOC’s award allows the state to accept electronic payments from inmate friends and families alleviating the DOC of manually processing money orders. JPay will also install it’s offender kiosk system which allows offenders and family members to communicate electronically – decreasing the influx of physical mail that needs to be read and sorted by hand. The kiosks will also let offenders purchase secure MP3 players to download digital music. Based in Miami, JPay develops solutions that streamline prison operations while delivering quality services for incarcerated inmates, their friends and families, and for offenders on parole or probation.”

JPay is clearly a solid example why this Prison Market must be measured when tracking the overall prepaid market size, since:

“With Louisiana as the latest addition to their client list, JPay now serves over 1.3 million offenders, their families and friends across 22 states and over 60 county jails.

Click here to read the press release.

Tags: Prepaid
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