SurgePays Blockchain Replace Permits Bitcoin Purchases at


BARTLETT, Tenn., Dec. 21, 2021 (GLOBE NEWSWIRE) — SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Firm”), has accomplished the preliminary growth on the latest model of its software program platform which allows a retailer proprietor to promote sure cryptocurrencies to prospects – with or and not using 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 modern fintech firm offering an entire suite of monetary providers 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 pricey and house consuming tools. Clients will obtain receipts with easy directions learn how to load bought cash into their very own digital pockets of alternative.

The SurgePays blockchain platform already performs greater than 20,000 safe every day transactions of underbanked monetary providers. SurgePays new characteristic will permit the shop clerk to facilitate the acquisition of between $50 to $1,499 of cryptocurrency.

“Once I took over as CEO in 2017, I acknowledged that we have 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,” stated Brian Cox, chairman and CEO, SurgePays. “We’re using the identical trusted cultural framework of the group retailer to be the tech-hub for underbanked neighborhoods.”

This cryptocurrency service represents a robust enlargement of the SurgePays fintech suite of merchandise, offering a aggressive benefit catalyst to its just lately introduced enlargement 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 may allow customers to make use of cryptocurrency to make purchases at any retailer on the SurgePays community. This use case might be an especially thrilling differentiator and place SurgePays as a market chief within the underbanked house,” added Mr. Cox.

About SurgePays, Inc.

SurgePays, Inc. is a B2B fintech with different verticals within the underbanked and software program growth house. SurgePays makes use of its blockchain software program platform to supply a complete suite of important monetary providers and pay as you go merchandise for the underbanked, together with prime promoting consumable merchandise to comfort shops, group shops, mini-marts, tiendas, and bodegas. Please go to for extra data.

SurgePays, Inc.

Firm Contact:
Tony Evers CPA, CIA
Chief Monetary Officer

Investor Relations Contact:

Media Relations:
Henry Feintuch / Doug Wright
Feintuch Communications
646-753-5710 / 646-753-5711

Cautionary Word Concerning Ahead-Trying Assertion

This press launch contains specific or implied statements that aren’t historic information and are thought of forward-looking throughout the that means of Part 27A of the Securities Act and Part 21E of the Securities Alternate Act. Ahead-looking statements contain substantial dangers and uncertainties. Ahead-looking statements typically relate to future occasions or our future monetary or working efficiency and will comprise projections of our future outcomes of operations or of our monetary data or state different forward-looking data. In some instances, you may determine forward-looking statements by the next phrases: “could,” “will,” “might,” “would,” “ought to,” “count on,” “intend,” “plan,” “anticipate,” “consider,” “estimate,” “predict,” “venture,” “potential,” “proceed,” “ongoing,” or the damaging of those phrases or different comparable terminology, though not all forward-looking statements comprise these phrases. Though we consider that the expectations mirrored in these forward-looking statements are affordable, these statements relate to future occasions or our future operational or monetary efficiency and contain recognized and unknown dangers, uncertainties and different components that will trigger our precise outcomes, efficiency or achievements to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Moreover, precise outcomes could differ materially from these described within the forward-looking statements and might be affected by quite a lot of dangers and components which can be past our management, together with, with out limitation, statements about our future monetary efficiency, together with our income, money flows, prices of income and working bills; our anticipated progress; our predictions about our trade; the impression of the COVID-19 pandemic on our enterprise and our means to draw, retain and cross-sell to shoppers. The forward-looking statements contained on this launch are additionally topic to different dangers and uncertainties, together with these extra totally described in our filings with the Securities and Alternate Fee (“SEC”), together with in our Annual Report on Kind 10-Ok for the fiscal yr ended December 31, 2020. The forward-looking statements on this press launch converse solely as of the date on which the statements are made. We undertake no obligation to replace, and expressly disclaim the duty to replace, any forward-looking statements made on this press launch to replicate occasions or circumstances after the date of this press launch or to replicate new data or the incidence of unanticipated occasions, besides as required by legislation.



Source link

Crypto Pal

Keeping you up to date on all things crypto and the future of money.

Leave a Reply

Your email address will not be published. Required fields are marked *