Bartercard

Bartercard

HOW BARTERCARD WORKS

Bartercard enables member businesses to exchange goods and services with other member businesses without using valuable cash, or having to engage in the direct two-way swap of goods and/or services.

Members gain access to a network of other member businesses. Each member is issued an account number, a transaction card, an interest- free line of credit and access to Bartercard’s printed and online business directory, offering members a world of trading opportunities.

Members use their Bartercard transaction card to trade anything from stationery to real estate, all facilitated by Bartercard’s global transaction technology. Bartercard operates similar to the common credit and debit card systems, as operated by Visa and MasterCard.

Members earn Bartercard Trade Dollars for the goods and services they sell and this value is recorded electronically in the member’s account database. The Bartercard Trade Dollar is recognised by the Australian Taxation Office and financial institutions as having the same value as the Australian Dollar.

This service particularly benefits the world’s largest business sector – small and medium enterprises (SMEs) – which are often faced with fluctuating cashflow, slow sales growth and high business financing rates.