SurgePays, Inc. (NASDAQ:SURG) (“SurgePays” or the “Company”), a multiproduct company focused on the underbanked and underserved, announced today that it has entered into an exclusive partnership with ClearLine Mobile, Inc. (“ClearLine Mobile”), a software development and point-of-sale (“POS”) equipment company, to launch a customer-facing LCD tablet interface for convenience store checkout registers.
The 10-inch LCD touchscreen hardware is integrated into the SurgePays software platform and will market SurgePays products 24/7 with ads controlled from a central server. Customers can easily use the device to sign up for the Federal ACP program and conduct wireless activations or payment transactions right at the register while checking out.
“One of our biggest challenges is keeping promotional materials up to date in thousands of convenience stores nationwide. We don’t have product facings on the shelves, so our in-store marketing is important for driving customer awareness. Having the ability to run and control our ads in real-time from a centralized server, on the mounted POS tablets, alleviates the need to consistently update our posters, stickers, and other advertising materials. We expect the POS tablets to be a catalyst for higher revenue per store and allow us to expand our presence in stores nationwide, without the need for salespeople to consistently visit and manage stores in a territory,” said Jeremy Gies, President of SurgePays Fintech.
SurgePays plans to launch the tablet by providing live demos at the upcoming National Association of Convenience Stores Show in Atlanta, Georgia, from October 4 to 6 in booth #B3977.
“This is a huge technological advance and a step forward in our business model. SurgePays will now occupy a physical footprint, front and center, right at checkout – the most valuable space in the store. We believe this is an essential step in pushing towards and ultimately beyond $1 billion in sales per year. The ability for the consumer to enter information for ACP signups, prepaid wireless activations, monthly prepaid top-ups, and the ability to scale development into loyalty rewards, discounts, and other QR code-driven payments is the next phase for SurgePays’ expansion,” said Brian Cox, CEO, SurgePays.
