{"id":122755,"date":"2021-04-27T11:19:15","date_gmt":"2021-04-27T11:19:15","guid":{"rendered":"https:\/\/precoinnews.com\/?p=122755"},"modified":"2021-04-27T11:19:15","modified_gmt":"2021-04-27T11:19:15","slug":"camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments\/","title":{"rendered":"Camping World Collaborates with BitPay to Accept Bitcoin (BTC) Payments"},"content":{"rendered":"

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RV retailer Camping World Holdings has announced its plan to start accepting BTC payments for its products. The move follows the company\u2019s decision to partner with crypto payment platform BitPay. Moreover, the RV product and services provider is now accepting other cryptocurrencies such as ETH and a select group of virtual currencies available in several digital wallets.\u00a0<\/strong><\/p>\n

The partnership will help the company expand its client base by including cryptocurrency payments without directly holding the digital assets.<\/span><\/p>\n

<\/span>Accepting Crypto Payments<\/b><\/span><\/h2>\n

The payment services will roll out in zones, with Chicago and Kenosha being the first regions to have access to the settlement method. However, Camping World will expand the service to the rest of the areas involved in the RV business and its platform in general. The startup had previously announced it was <\/span>transitioning<\/span> to a paperless business environment, improving the e-commerce sector.<\/span><\/p>\n

Marcus Lemonis, the company\u2019s head, said that the move is focused on transforming Camping World into a digital entity in a rapidly developing world. He added,<\/span><\/p>\n

\n

\u201cAs 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.\u201d<\/strong><\/p>\n<\/blockquote>\n

<\/span>Moving Towards Profits<\/b><\/span><\/h2>\n

Following its recent revelation, Camping World Holdings\u2019 stocks<\/span> surged 3%<\/span>, closing in on the increase seen three years ago. The Illinois-based company started offering RV services to Americans in 1966 and is planning to go beyond borders by availing crypto payments.<\/span><\/p>\n

The Recreational Vehicle business surprisingly grew in <\/span>demand<\/span> during the global pandemic COVID-19, as people looked for safe ways to escape the boredom of staying indoors. RV business owners collected about $5B in total revenue during the financial year 2020, with $1.7B accumulated as profits during the spell.\u00a0\u00a0<\/span><\/p>\n

<\/span>Cryptocurrency Adoption Continues<\/b><\/span><\/h2>\n

Camping World Holdings is among several companies that have recently accepted settlements in crypto, including Thesis Hotel Miami and Venezuela\u2019s Caracas Air. Thesis Hotel had also partnered with BitPay to take up BTC in exchange for goods and services, allowing customers to book rooms online while paying in crypto. The luxury hotel also included Bitcoin Cash, Ethereum, and Dogecoin among the accepted set of digital currencies.<\/span><\/p>\n

Caracas Air\u2019s CEO said that customers who decide to use cryptocurrency payments would enjoy discounts and financial plans. Venezuela is riddled with high inflation rates, and the locals have almost completely lost hope in the local currency Bolivar.\u00a0<\/span><\/p>\n

Additionally, the cryptocurrency market doesn\u2019t appear to be shaken by the latest crypto price plunge, as analysts say that most <\/span>investors<\/span> are sticking to the HODL strategy.<\/span><\/p>\n

<\/span>Related posts:<\/span><\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

RV retailer Camping World Holdings has announced<\/p>\n","protected":false},"author":3,"featured_media":122754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"\nCamping World Collaborates with BitPay to Accept Bitcoin (BTC) Payments - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Camping World Collaborates with BitPay to Accept Bitcoin (BTC) Payments - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"RV retailer Camping World Holdings has announced\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/bitcoin\/camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-27T11:19:15+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/04\/Camping-World-Collaborates-with-BitPay-to-Accept-Bitcoin-BTC-Payments-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/bitcoin\/camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments\/\",\"url\":\"https:\/\/precoinnews.com\/bitcoin\/camping-world-collaborates-with-bitpay-to-accept-bitcoin-btc-payments\/\",\"name\":\"Camping World Collaborates with BitPay to Accept Bitcoin (BTC) Payments - 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