Camping World joins forces with BitPay to accept crypto payment

Camping World joins forces with BitPay to accept crypto payment

Camping World Holdings, Inc. – an American corporation that specializes in the sale of recreational vehicles, recreational vehicle components, and services has reportedly announced that it will be accepting cryptocurrencies in the form of payment for RV purchases through an alliance with BitPay.

Notably, through BitPay, Georgia-based cryptocurrency service provider, Camping World will be able to accept Ethereum, Bitcoin, and certain other types of cryptocurrencies through various digital wallets.

It is worth mentioning that the partnership will enable Camping World to reduce convenience for customers and attract new ones without holding the currency on its balance sheet. Additionally, this initiative forms a part of Camping World’s efforts to ramp up innovations in the recreational vehicle market.

Sources close to the news claim that the initial launch comprises of the Illinois, Kenosha, Chicago, and WI locations, however, the firm is aiming at expanding its operations to all the regions that deal with RVs along with setting up an e-commerce platform.

According to Marcus Lemonis, CEO and Chairman of Camping World, the company focuses on enhancing its customer experience by changing the way they interact with them or by improving the transaction mechanism. Marcus added that by accepting cryptocurrency as a form of payment, Camping World is working towards strengthening its presence in the digital world.

Incorporated in the year 1966, Camping World Holdings Inc. is a Lincolnshire-based entity that has emerged as America’s leading retailer of recreational automobile and related products.

Seemingly, the company’s goal is to develop a long-term legacy business that creates long-term value for its customers, employees, and shareholders.

In addition to the above, Camping World is also working towards boosting its online presence and establishing a highly-trained team of associates to serve its customers. 

Source Credit: https://www.businesswire.com/news/home/20210426005211/en/Camping-World-Partners-With-BitPay-in-Move-to-Accept-Bitcoin-Payments