TouchPay Holdings, LP acquired the Correction Payment business of General Payment Systems, Inc. (OTCPK:GPSI) on July 31, 2015. Proceeds of the sale were used to retire and restructure various debt obligations of General Payment Systems, Inc.

TouchPay Holdings, LP completed the acquisition of the Correction Payment business of General Payment Systems, Inc. (OTCPK:GPSI) on July 31, 2015.