SurgePays discusses potential joint venture with LowWeeklyPayments to expand smartphone rent-to-own program

Reuters2026/08/11 12:31

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SurgePays opened talks with LowWeeklyPayments on a potential joint venture to scale its smartphone rent-to-own program.
July retailer sales reached about 176,000, up 23% from June’s 142,725, across fewer than 50 participating locations.
Management is evaluating the program as a standalone revenue channel, targeting expansion to 500 locations, then 5,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surgepays Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608110830PRIMZONEFULLFEED9807342) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SurgePays discusses potential joint venture with LowWeeklyPayments to expand smartphone rent-to-own program

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