SurgePays partners with QorPay to integrate marketing tools into payment processing, enhancing customer engagement and creating new revenue streams.
Quiver AI Summary
SurgePays, Inc. has announced a strategic partnership with QorPay Inc. to integrate its ClearLine marketing platform into QorPay’s payment processing solution, enhancing customer engagement from the point of sale. This collaboration aims to transform merchant transactions into opportunities for recurring revenue by embedding marketing tools directly within the payment experience, allowing merchants to implement loyalty programs and digital coupons seamlessly. SurgePays President, Derron Winfrey, emphasized the partnership's potential to expand their market reach, while QorPay CEO, Christopher Berlandier, highlighted the innovation brought by adding marketing capabilities to payment processing. The integrated solution is currently undergoing beta testing, with a full commercial release expected in early 2026.
Potential Positives
- A strategic partnership with QorPay Inc. enhances SurgePays' capability to integrate marketing automation and point-of-sale technology, creating a unique offering that is set to expand its market presence.
- The partnership is expected to generate new recurring revenue streams for both companies, indicating a significant potential for financial growth.
- Embedding ClearLine’s marketing tools into QorPay’s payment ecosystem streamlines operations for merchants, providing added value and distinguishing SurgePays’ offerings in the retail and fintech sectors.
- Beta testing is already underway, with a commercial release planned for early 2026, signaling timely execution of their innovation strategy.
Potential Negatives
- Integration of new technology does not guarantee customer adoption or revenue growth, highlighting potential risks associated with the expected benefits of the partnership.
- The press release contains numerous forward-looking statements that involve substantial risks and uncertainties, indicating a reliance on future performance that may not materialize as anticipated.
- There is no detailed financial information or metrics provided to support claims of high-margin recurring revenue, which may raise concerns among investors regarding the viability of financial projections.
FAQ
What is the new partnership between SurgePays and QorPay about?
The partnership integrates SurgePays’ ClearLine marketing platform into QorPay’s payment processing system for enhanced customer engagement.
How will the partnership benefit merchants?
This integration allows merchants to activate loyalty programs and digital coupons directly within their existing QorPay systems, enhancing customer engagement.
When is the commercial release of the new solution planned?
A full commercial release of the integrated solution is expected in early 2026, following current beta testing.
What technologies does SurgePays utilize?
SurgePays operates a proprietary point-of-sale platform that delivers mobile connectivity and digital financial services across retail locations nationwide.
How does this partnership impact recurring revenue for both companies?
The collaboration is expected to create new recurring revenue streams by embedding software solutions directly into the payment experience.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SURG Insider Trading Activity
$SURG insiders have traded $SURG stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SURG stock by insiders over the last 6 months:
- DAVID ALLEN MAY sold 63,000 shares for an estimated $177,282
- KEVIN BRIAN COX (CEO and Chairman of Board) purchased 15,073 shares for an estimated $41,450
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SURG Hedge Fund Activity
We have seen 16 institutional investors add shares of $SURG stock to their portfolio, and 14 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CABLE CAR CAPITAL, LP removed 333,333 shares (-64.7%) from their portfolio in Q2 2025, for an estimated $1,036,665
- JONES FINANCIAL COMPANIES LLLP removed 51,137 shares (-99.7%) from their portfolio in Q2 2025, for an estimated $159,036
- UBS GROUP AG removed 49,249 shares (-62.6%) from their portfolio in Q2 2025, for an estimated $153,164
- VANGUARD GROUP INC added 42,735 shares (+7.4%) to their portfolio in Q2 2025, for an estimated $132,905
- XTX TOPCO LTD added 40,006 shares (+inf%) to their portfolio in Q2 2025, for an estimated $124,418
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 32,333 shares (-46.5%) from their portfolio in Q2 2025, for an estimated $100,555
- TWO SIGMA INVESTMENTS, LP added 29,922 shares (+286.4%) to their portfolio in Q2 2025, for an estimated $93,057
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SURG Analyst Ratings
Wall Street analysts have issued reports on $SURG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Ascendiant Capital issued a "Buy" rating on 10/03/2025
To track analyst ratings and price targets for $SURG, check out Quiver Quantitative's $SURG forecast page.
Full Release
BARTLETT, Tenn., Oct. 27, 2025 (GLOBE NEWSWIRE) -- SurgePays , Inc. (NASDAQ: SURG) ("SurgePays" or the "Company"), a wireless and point-of-sale technology company, today announced a new strategic partnership with QorPay Inc., a next-generation payment technology provider, to integrate SurgePays’ proprietary ClearLine marketing and customer engagement platform into QorPay’s cloud-native payment processing solution.
This integration brings together two complementary technologies, point-of-sale payments and digital marketing automation, creating a first-of-its-kind capability that enables retailers to engage with customers from the moment of transaction and beyond. By embedding ClearLine’s SaaS-based marketing tools directly into QorPay’s payment ecosystem, the partnership is expected to create new recurring revenue streams for both companies while offering value-added functionality to merchants and resellers.
“This collaboration extends our reach into thousands of additional retail environments and underscores the scalability of ClearLine,” said Derron Winfrey, President of Sales Operations at SurgePays. “We are executing on our strategy to layer software and digital engagement tools on top of our existing POS infrastructure to create sticky, recurring revenue while adding tangible value for our partners and their merchants. QorPay’s forward-thinking approach to payments makes them the ideal partner for this rollout.”
QorPay CEO, Christopher Berlandier, added, “As an API-first, full-stack payment processor, our focus is delivering Payments 3.5 to our partners, while integrating innovation at every touchpoint. SurgePays’ ClearLine platform adds a compelling marketing layer that empowers independent sales organizations, software vendors, and merchants to enhance customer loyalty and engagement directly within the payment experience.”
The strategic partnership between SurgePays and QorPay transforms routine merchant transactions into measurable revenue opportunities. By embedding ClearLine’s marketing and engagement capabilities directly into the point-of-sale experience, the partnership enables merchants to activate loyalty programs, digital coupons, and customer engagement campaigns seamlessly within their existing QorPay systems without interrupting daily operations. This convergence of payments and marketing creates a high-margin, recurring software layer on top of standard transaction processing, expanding SurgePays’ addressable market and deepening its presence across retail and fintech channels. For independent sales organizations (ISOs) and software vendors (ISVs), the joint solution introduces a differentiated, value-added offering that enhances their ability to drive adoption and recurring revenue across mid-market and enterprise clients.
Beta testing is currently underway, with a full commercial release planned for early 2026.
About SurgePays, Inc.
SurgePays, Inc., is a wireless, fintech, and point-of-sale company focused on delivering mobile connectivity and financial services to underserved communities. As both a mobile virtual network operator (MVNO) and mobile virtual network enabler (MVNE), SurgePays operates its own wireless brand while also providing back-end infrastructure, including provisioning and billing, to other wireless providers. The Company’s proprietary point-of-sale platform is used nationwide in thousands of retail locations, enabling SIM activations, top-ups, and digital financial services. SurgePays is built to scale and uniquely positioned to grow across both retail and wholesale wireless channels. Visit
www.SurgePays.com
for more information.
SurgePays Cautionary Note Regarding Forward-Looking Statements
This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties and generally relate to future events or our future financial or operating performance. These statements may include projections, guidance, or other estimates regarding revenue, cash flow, business growth, market expansion, or customer acquisition. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “attempting,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words.
Although we believe the expectations reflected in these forward-looking statements, such as regarding our nationwide rollout of Clearline, our ability to expand installations into other stores and the high margins on Clearline, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, the assumption that the Company will be able to obtain high-margin recurring revenues, statements about our future financial performance, including our revenue, cash flows, costs of revenue and operating expenses; our anticipated growth; and our predictions about our industry and customer demand. These include, but are not limited to, our ability to scale our prepaid wireless business, transition ACP subscribers to Lifeline, maintain our MVNE partnerships, and achieve financial targets. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”), including in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The forward-looking statements in this press release speak only as of the date on which the statements are made. We undertake no obligation to update, and expressly disclaim the obligation to update, any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
Investor Contact:
Valter Pinto, Managing Director
KCSA Strategic Communications
PH: 212-896-1254
[email protected]