Bartercard - Wikipedia

Bartercard10 Sep, 2020Business

Bartercard is an operator of a barter trading exchange. Bartercard enables businesses to exchange goods and services without the use of cash or cash equivalents, or without a direct swap. Bartercard is a trading platform which enables businesses to exchange goods[1] and services with one another. These transactions are recorded electronically, with �Trade Dollars� substituted for New Zealand currency. Each trade dollar is equivalent to one Australian / New Zealand dollar. Bartercard was founded on the Gold Coast, Australia in 1991 by Wayne Sharpe, Brian Hall and Andrew Federowsky. Bartercard has a presence in eight countries (Australia, New Zealand, South Africa, United Kingdom, United States, Thailand, United Arab Emirates and Cyprus) where 75 offices service approximately 34,000 cardholders worldwide who collectively barter-trade over $600m each year. [2] In 2007, Bartercard Australia was sold in a management buyout.