v3.26.1
ACCOUNTS RECEIVABLE, NET
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
ACCOUNTS RECEIVABLE, NET ACCOUNTS RECEIVABLE, NET
Accounts receivable, net consisted of the following:
June 30, 2026December 31, 2025
Receivables due from bank partners(1)
$132,558 $116,217 
Network incentive receivable143,927 130,962 
Other receivables11,288 10,705 
Accounts receivable, net
$287,773 $257,884 
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(1)Receivables due from bank partners are net of bank partner and network costs. As of June 30, 2026 and December 31, 2025, $95.6 million and $23.3 million of gross receivables due from bank partners were pledged as collateral.

The Company’s allowance for credit losses on accounts receivable was not material as of June 30, 2026 and December 31, 2025.