logo-loader
viewSurge Holdings, Inc.

Surge Holdings successfully integrates SurgePhone Wireless with ECS prepaid nationwide network

The company expects to start rolling out its SIM Starter Kits over the next month

SIM card being put into a smartphone
Additionally, Surge has launched a real-time national transaction tracker for the ECS and SurgePays networks

Surge Holdings Inc (OTCMKTS:SURG) announced that the SurgePays Marketplace network, which provides products to the underbanked through convenience stores, bodegas and community markets, has been integrated with prepaid wireless company ECS. 

The Memphis-based company has completed the onboarding of SurgePhone Wireless to ECS’s network and expects to commence rolling out its SIM Starter Kits over the next month.

CEO Brian Cox predicts the integration will be a boon for revenue. 

“We are pleased with how the integration of ECS is progressing, which we expect to add nearly $50 million of additional revenue on an annualized basis,” Cox said in a statement. “ECS’s prepaid wireless business and software platform already process over 18,000 transactions per day and add about 9,800 retail locations to the SurgePays Network. By interconnecting the Surge Marketplace Network with the ECS platform, we are also able to leverage the combined buying power of the two platforms, including our wireless products.”

READ: Surge Holdings taps Tod Farnan as national sales director

Cox said the integration will be especially useful for customers in rural areas where prepaid options are limited. An option for urban stores is expected to follow, Cox added, which will retail for less than $60.

Additionally, Surge has launched a real-time national transaction tracker for the ECS and SurgePays networks.

“I am excited to report the launch of a real-time national transaction tracker, where shareholders can see in real-time the millions of dollars in transactions that are taking place on our platform and will be able to observe firsthand as our network grows with more stores being added nationwide on a daily basis,” Cox said.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: Surge Holdings, Inc.

Price: 0.225 USD

OTCQB:SURG
Market: OTCQB
Market Cap: $23.5 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Surge Holdings, Inc. named herein, including the promotion by the Company of Surge Holdings, Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Surge Holdings sees big increase in 4th quarter up 263% in...

  Surge Holdings (OTCQB: SURG) Chairman and CEO Brian Cox joined Steve Darling from Proactive to discuss their 2019 4th quarter numbers for the company that saw a major increase in revenue year over year. Cox telling Proactive how the company's transforming changes they made earlier...

on 29/4/20

2 min read