“Surge Holdings was a conglomeration of multiple business lines that, while growing and exciting unto themselves, did not always provide a streamlined direction with clear messaging for a single public company to be most effective on a major exchange. Renaming the Company SurgePays and orienting it around our SurgePays fintech platform, we believe we are taking another necessary step to accomplish our big picture goals more effectively,” said SurgePays CEO and Chairman
The SurgePays system is a fintech software platform that processes third-party prepaid wireless activations and top-ups, gift card activation and loads, and wireless SIM activation. It enables retailers to instantly add credit to any prepaid wireless customer’s account for any carrier, providing the merchant commissioned transactions, increased foot traffic, and customer loyalty. Additionally, SurgePays offers an innovative supply-chain marketplace for convenience store, bodega and tienda owners. Retailers can order many top selling products for their store, at a deeper wholesale discount than traditional distribution due to utilizing the Direct Store Delivery (DSD) model.
About SurgePays, Inc.
Company Contact:
Tony Evers CPA, CIA
Chief Financial Officer
Chief Operating Officer
Cell: (262) 347-7289
tevers@surgeholdings.com
Media Relations:
Director of Public Relations
CORE IR
917-885-7378
julesa@coreir.com
Investor Relations Contact:
CORE IR
Joseph Delahoussaye III
V.P. of Investor Relations
516-222-2560
invest@surgeholdings.com
Source:
2020 GlobeNewswire, Inc., source