1325 ET - Many of America's Car-Mart customers operate outside the traditional banking system, lacking consistent access to a checking account, credit card or stable banking relationship, CEO Doug Campbell says on a call with analysts. As a result, the auto dealership operator worked to improve its non-traditional banking options. The company has added widely used platforms like Apple Pay, Google Pay, Venmo and PayPal, as well as making cash payments easier and more accessible, Campbell says. He notes the company's cash payment network has grown from to over 80,000 locations, including popular retail locations such as Walmart, Dollar General, CVS and Walgreens. (connor.hart@wsj.com)
(END) Dow Jones Newswires
June 12, 2025 13:25 ET (17:25 GMT)
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