A New Payment System – Bartercard

As business battle to get through the recession, more and more are turning to 3rd party exchange networks like Bartercard.  More than 400,000 businesses transacted US$10 billion globally in 2008.  Bartercard, the world’s largest exchange network, is leading the charge. 

Bartercard’s bank-like system – which includes monthly statements and an interest-free line of credit – also provides security and accountability that informal bartering can’t.  Members must pass a credit check and sign a contract pledging to deliver goods in a timely manner.  In terms of barter rates, a service that costs $600 is equivalent to 600 trade pounds; members constantly police on another, ensuring that their advertised barter rates match the rates they charge the public.

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About Andre

Experience Business Developer & Alliance Partner Manager with Strong Technical Background Dealing with Complex Solutions
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