SurgePays Announces $48M Annual Prepaid Wireless Purchase Agreement with Etime system

SurgePays, Inc. announced it has entered into a Prepaid Wireless Purchase Commitment with Zulie Venture Inc. (d/b/a Etime system). The agreement establishes a minimum purchase volume for prepaid wireless airtime, top-up, and refill transactions processed through the SurgePays POS platform.

Key Details

• Agreement Terms: Etime system has committed to purchase a minimum of $4 million in prepaid wireless transactions per month, totaling at least $48 million over the initial one-year term.
• Timeline: The initial term runs from October 1, 2026, through September 30, 2027. Transactions began in October 2026, and the agreement automatically renews for successive 12-month periods.
• Financial Impact: The reported figures represent total transaction purchase volume. The company notes that the net revenue and gross profit it recognizes will be significantly lower than these volume amounts.