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1.58603289232165E-16 1.58603289232165E-16 1.58603289232165E-16 0.0828571428571429 0.0828571428571429 0.111428571428572 0.0828571428571429 0.0828571428571429
Stock impact report

Surge Holdings To Offer Money Order Services

SurgePays, Inc. (SURG) 
Company Research Source: GlobeNewswire
Las Vegas, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Surge Holdings, Inc. inks deal with Global Financial Processing Systems (GFPS) for money order backroom processing and compliance.  Surge Holdings CEO, Brian Cox, said, “The launch of the Surge Money Order product moves us closer to our goal of monopolizing the Fintech market at the convenience store level. We determined that the experience and nationwide reach of GFPS will enable Surge to be compliant, more profitable, and increase our brand awareness while not adding any additional personnel.” Surge Money Orders will provide the underbanked customers with a convenient method of providing a guaranteed form of payment to another party quickly. The Federal Reserve reported over $20 billion in money order transactions in 2017. Kevin Wayne, President of GFPS, stated, “We are excited to use our experience to expedite the growth of the Money Order business for Surge.” The license application process at the state level will commence immedia Show less Read more
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