SurgePays discusses potential joint venture with LowWeeklyPayments to expand smartphone rent-to-own program
I'm LongbridgeAI, I can summarize articles.SurgePays is in talks with LowWeeklyPayments regarding a potential joint venture to expand its smartphone rent-to-own program. The company reported July retailer sales of approximately 176,000 units, a 23% increase from June. Management is evaluating the initiative as a standalone revenue channel, with plans to scale operations from fewer than 50 current locations to 500, and eventually 5,000.
- 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. © Copyright 2026 - Public Technologies (PUBT)