The Accountants Guide to Bartercard

Bartercard Australia15 Sep, 2020Finance

Bartercard is a business-to-business (B2B) trade exchange assisting members to gain new customers. Transactions are facilitated electronically via the internet, EFTPOS, or by transaction vouchers similar to those used with a credit card. Simply put, Bartercard delivers new customers to fill a business’s spare capacity, these new customers pay with Trade Dollars. The business utilises these Trade Dollars to pay expenses that would otherwise have been paid in cash - therefore saving real cash.