surge holdings1
Web Developer, Student, and Consultant in Las Vegas, Nevada
OTCQB: $SURG is a revenue machine that has over 68 Million in assets, 1.6 Million cash in the bank and 1.4 Million in monthly recurring revenue
Surge Holdings today announced an MOU commitment of 40,000 new store locations utilizing the SurgePays Blockchain SaaS portal with a commitment of $1,500 per month in sales per location. The numbers are staggering!
Surge Holdings, Inc ($SURG), a publicly-traded company offering wireless, telecom, payment services, and an industry-changing virtual wholesale distribution portal for retailers, is capitalizing by focusing on the 77 million Americans with no contract cell phones, and the 51% of the population that has below grade, or invisible credit.
Surge Holdings utilizes emerging technology to improve the quality of life for these millions of people who are unbanked, under-banked or often overlooked. This budget-conscious demographic typically does not want to be locked into contracts and regularly will cash their checks and pay bills at the over 300,000+ corner stores, markets, and bodegas near their homes multiple times each week. This broad and underserved market is where the Surge Holdings plan provides a competitive advantage to grab fantastic market share.
SURG utilizes their proprietary SurgePays Blockchain Portal to create a distribution railway into these stores. The basic service, topping off payments to other carriers, allows stores to offer new and existing customers a pathway for the payments they need, like paying virtually any cell phone carrier with cash.
SURG then bundles other wireless services, wireless phone sales, municipal government payments, pre-paid debit cards branded with the big three: MasterCard/Visa/Discover.
One of the most excited, potentially game-changing opportunities within the SurgePaysportal, is that it allows for the decision makers at thousands of retailers to be marketed to directly for the wholesale distribution of additional products for their stores. Opening the door for Surge to distribute wholesale consumables such as energy drinks, CBD oils, snacks, and anything else that might appeal to their specific customer base.