BARLETT, Tenn., July 01, 2021 (GLOBE NEWSWIRE) — SurgePays, Inc. (OTCQB: SURG) (“SurgePays” or the “Firm”), a blockchain fintech firm constructing a subsequent abilities provide chain community that offers wholesale items and financial products and services for the underbanked more tag successfully than passe distribution devices, this day announces a original program offering SurgePays prospects the capacity to salvage custom, closed loop, inner most mark reward card applications for convenience store, mini-mart, tienda, and bodega house owners to provide to their retail prospects. These inner most mark reward cards provide extra convenience and loyalty alternatives for these areas’ prospects.
Brian Cox, the Firm’s Chief Govt Officer, commented, “This customizable loyalty card program is one more of several differentiated products and products and services SurgePays utilizes to expand its community of self sufficient stores. We intend to incorporate this in our “Blitz” initiative targeting the 34,000 inactive stores in our recent database. Within the associated map that larger retail and grocery chains and diverse increased-halt retailers provide personalized reward cards to their prospects, our program creates the opportunity to provide our prospects, the hundreds of store house owners in our community, the associated ability to provide their retail prospects the opportunity to amass reward cards to make direct of only in their owned stores. Here’s one more instance of our technique of empowering these smaller retailers and providing their prospects with the associated advantages they would well leer in diverse larger retail stores, whereas acknowledging the actual wants of this underserved neighborhood.”
In a four-store pilot of this system, SurgePays prospects accomplished approximately 6,300 transactions in a single month the direct of the customizable reward cards. The cards are only accurate at the merchant that produces them and resembles a branded reward card in all methods, from the commerce-customary plastic manufacture to yarn numbers encoded on a magnetic stripe that enables terminals to read them when swiped. SurgePays believes that the benefits of this system consist of the persisted vogue of purchaser loyalty, to boot to an additional earnings circulation thru unused balances on the purchased cards.
About SurgePays, Inc.
SurgePays, Inc. utilizes its blockchain tool platform to provide a comprehensive suite of prepaid, financial products and services for the underbanked, and high selling wholesale products to independently owned convenience stores, mini-marts, tiendas, and bodegas more tag successfully than existing wholesale distribution devices. Please seek recommendation from www.SurgePays.com for more data.
Firm Contact: Tony Evers CPA, CIAChief Financial Officer847-648-7541 [email protected]
Investor Family Contact: CORE IR516-222-2560 [email protected]
Media Family: Jules AbrahamDirector of Public RelationsCORE IR917-885-7378 [email protected]
Cautionary Define Referring to Forward-Having a gaze Statements.
This press release involves particular or implied statements which aren’t historical info and are idea to be forward-taking a gaze inner the which methodology of Allotment 27A of the Securities Act and Allotment 21E of the Securities Exchange Act. Forward-taking a gaze statements contain large risks and uncertainties. Forward-taking a gaze statements in total impart to future occasions or our future financial or working efficiency and can contain projections of our future results of operations or of our financial data or issue diverse forward-taking a gaze data. In some cases, you might perhaps moreover name forward-taking a gaze statements by the following phrases: “might perhaps,” “will,” “might perhaps,” “would,” “will maintain to,” “predict,” “intend,” “belief,” “rely on,” “imagine,” “estimate,” “predict,” “venture,” “most likely,” “proceed,” “ongoing,” or the unhealthy of these phrases or diverse similar terminology, despite the proven truth that not all forward-taking a gaze statements contain these phrases. Even though we imagine that the expectations reflected in these forward-taking a gaze statements are cheap, these statements impart to future occasions or our future operational or financial efficiency and contain identified and unknown risks, uncertainties and diverse components that can trigger our true results, efficiency or achievements to be materially diverse from any future results, efficiency or achievements expressed or implied by these forward-taking a gaze statements. Moreover, true results might perhaps differ materially from these described within the forward-taking a gaze statements and will likely be stricken by a diversity of risks and components which are beyond our retain watch over, including, with out limitation, statements about our future financial efficiency, including our earnings, money flows, prices of earnings and working charges; our anticipated development; our predictions about our commerce; the affect of the COVID-19 pandemic on our commerce and our ability to attract, retain and injurious-sell to prospects. The forward-taking a gaze statements contained in this release are moreover arena to diverse risks and uncertainties, including these more solely described in our filings with the Securities and Exchange Commission (“SEC”), including in our Annual Characterize on Create 10-K for the fiscal 365 days ended December 31, 2020. The forward-taking a gaze statements in this press release be in contact only as of the date on which the statements are made. We undertake no obligation to change, and expressly disclaim the duty to change, any forward-taking a gaze statements made in this press release to contain occasions or circumstances after the date of this press release or to contain original data or the occurrence of unanticipated occasions, as adversarial to as required by law.