Camping World Partners With BitPay in Move to Accept Bitcoin Payments
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or the “Company”), America’s Recreation Dealer, today announced it will begin accepting cryptocurrencies as payment for RV purchases through a new partnership with BitPay.
Through BitPay, a cryptocurrency payment service provider, Camping World will accept Bitcoin (BTC), Ethereum (ETH), and select other cryptocurrencies through a variety of digital wallets. The partnership will allow Camping World to maximize convenience for the customer and attract new consumers without holding the currency on its balance sheet. The initiative is part of the Company’s renewed focus on accelerating innovation in the RV marketplace.
The initial launch includes the Chicago, IL and Kenosha, WI locations, but the Company plans to expand to all locations that sell RVs and to its ecommerce platforms this summer. The new BitPay partnership comes on the heels of the Company’s announcement that it is developing a platform for a paperless, online RV purchase experience.
“As the industry leader, we have a responsibility to adapt to new preferences and elevate the customer experience, whether through the products and services we offer, or in the ways we interact and transact with the customer,” said Marcus Lemonis, CEO and Chairman of Camping World. “Accepting cryptocurrency is simply another part of our vision to make RVing easy in an increasingly digital world.”
About Camping World Holdings, Inc.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy, and our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly-trained and knowledgeable team of associates serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enables us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With over 175 locations in 38 states, Camping World, and sister company Gander RV & Outdoors, have grown to become prime destinations for everything RV. For more information, visit www.CampingWorld.com.