Bartercard And How It Works

Information verified correct on September 29th, 2016
Bartercard uses the old concept of bartering and fits it into modern-day commerce. Bartercard uses the old concept of bartering and fits it into modern-day commerce.

Learn the basics of Bartercard. Discover that Bartercard offers a global network of businesses. Find out that Bartercard can be used by large and small businesses alike.

Bartercard has brought cutting edge technology and a worldwide network of businesses together since its inception in 1991. Since that time, the Bartercard organisation has turned the age-old interaction of bartering into a flexible business strategy that can be optimised to function in the modern business world. The concept of Bartercard is elegantly simple, as it uses technological advances to allow its member businesses to barter goods and services with other member businesses. This plan allows members to conduct business without accessing their cash resources, as well as avoiding the often complicated logistics of a direct, two-way exchange of goods and services.

Membership With Bartercard:

Members of the Bartercard network are provided with an account number, transaction card, interest-free credit line, and access to the complete Bartercard business directory, which allows for reliable bartering relationships on a worldwide basis. Bartercard can be used for almost anything imaginable, from real estate to printing services, and it operates similarly to the familiar credit and debit card systems used almost everywhere. The value of a member’s Bartercard Trade Dollars, which are earned for the goods and services they sell, are detailed on the account database. Conveniently, the Bartercard Trade Dollar is assessed by the Australian Taxation Office as holding the same value as the Australian Dollar.

Enhancing Business Through Bartercard:

Bartercard is particularly useful for small- and medium-sized enterprises, which may often function with slower levels of sales growth, changing cash flow levels, and other business challenges. The flexibility of Bartercard makes it an especially effective tool for businesses that have specific resources to offer to other companies, but may not necessarily have the cash on hand. However, it also works well for larger companies looking for a reliable outside record keeper for their worldwide business transactions. Bartercard painstakingly tracks every purchase (or debit) and sale (or credit) that is registered by its network of members, and is able to provide this up-to-date information to clients.

The Benefits Of Bartercard:

The Bartercard system of credits and debits operates along the same technological advances as the well-known MasterCard and Visa, although the credit cards work with cash. The reliability of the Bartercard Trade Exchange is second to none in the world in success and facilitating trades, not to mention the implementation of technology. In addition, Bartercare is the only Australian Trade Exchange that is able to claim partnerships with four major banks. Bartercard also provides its valued network of business members with XPOS and EFTPOS barter trading facilities.

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2 Responses to Bartercard And How It Works

  1. Default Gravatar
    RH | October 13, 2015

    Hi

    Can anyone tell me how long it takes for barter card dollars to show up in another account when you transfer them to someone else? i.e. immediately/ overnight?

    • Staff
      Jonathan | October 13, 2015

      Hi RH, thanks for your inquiry!

      Please note that you have reached finder.com.au and not Bartercard. To resolve your inquiry about the transfer time please refer to the contact details I have sent to your email.

      Cheers,

      Jonathan

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