SurgePays Fintech, a wholly-owned subsidiary of Surge Holdings, has launched a Visa prepaid card in the US.
The offering, SurgePays Visa Prepaid Card, carries no activation fee, credit checks or monthly maintenance charges.
SurgePays cardholders can withdraw money from the ATMs and accept direct loading wages and earnings from employers.
Furthermore, it enables the employers to directly load payroll to employee’s cards by taking pictures of paychecks.
The cardholders can also use Transcard service to send money to acquaintances locally and internationally.
With this card, Surge Holdings aim to cater to the unbanked or underbanked people living in the US enabling them to better manage their finances.
SurgePays Fintech president Kenneth Reaves said: “The card delivers our cardholders life enhancing features and services. For the millions of individuals who wait in line to pay high fees to cash their checks, they now have an alternative to seamlessly load their checks onto their SurgePays Visa Prepaid Card.
“Cardholders can add secondary cards to their account as a way to facilitate transfers to family members in the US and abroad.
“The fintech solutions delivered through the SurgePays Visa Prepaid Card will provide significant tangible benefits to so many in their daily activities.”
Interested customers can sign up for the card online.
Surge Holdings is a retail supply chain company that also provides telecom services and financial payment services to under-banked.
It provides the services through convenience stores and corner markets connected to the SurgePays Network.