BARTLETT, Tenn., Dec. 21, 2021 (GLOBE NEWSWIRE) — SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Firm”), has accomplished the preliminary improvement on the most recent model of its software program platform which allows a retailer proprietor to promote sure cryptocurrencies to prospects – with or with out a checking account or bank card – at native comfort and neighborhood shops that are a part of the Firm’s 8,000-plus retail retailer community.
SurgePays is a extremely revolutionary fintech firm offering an entire suite of economic companies and pay as you go merchandise to its quickly rising base of retail c-stores. The Firm plans to launch the replace in January 2022 and allow shops on its community to supply money gross sales of Bitcoin, Ethereum and Dogecoin with out utilizing an ATM or different expensive and area consuming tools. Clients will obtain receipts with easy directions the way to load bought cash into their very own digital pockets of selection.
The SurgePays blockchain platform already performs greater than 20,000 safe each day transactions of underbanked monetary companies. SurgePays new function will permit the shop clerk to facilitate the acquisition of between $50 to $1,499 of cryptocurrency.
“After I took over as CEO in 2017, I said that we had been constructing an up to date model of our software program platform to include blockchain with my mission to be the primary firm to virtually improve the lives of the underbanked, on the grass roots degree within the shops the place they store,” mentioned Brian Cox, chairman and CEO, SurgePays. “We’re using the identical trusted cultural framework of the neighborhood retailer to be the tech-hub for underbanked neighborhoods.”
This cryptocurrency service represents a strong growth of the SurgePays fintech suite of merchandise, offering a aggressive benefit catalyst to its just lately introduced growth plan using a nationwide gross sales crew.
“Enabling the underbanked inhabitants to buy digital forex is step one. We count on to launch a model replace in Q2 of 2022, that will allow shoppers to make use of cryptocurrency to make purchases at any retailer on the SurgePays community. This use case shall be an especially thrilling differentiator and place SurgePays as a market chief within the underbanked area,” added Mr. Cox.
About SurgePays, Inc.
SurgePays, Inc. is a B2B fintech with different verticals within the underbanked and software program improvement area. SurgePays makes use of its blockchain software program platform to supply a complete suite of important monetary companies and pay as you go merchandise for the underbanked, together with high promoting consumable merchandise to comfort shops, neighborhood shops, mini-marts, tiendas, and bodegas. Please go to www.SurgePays.com for extra data.
Tony Evers CPA, CIA
Chief Monetary Officer
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