Bartercard operates as a ‘trade exchange’ and has transformed traditional bartering into a modern business tool. Using online technology, Bartercard has created a flexible, secure and fully accountable way for businesses to trade their goods and services with businesses world-wide.
Bartercard facilitates and monitors the purchases (debits) and sales (credits) undertaken by members. These transactions are recorded electronically and its members receive a monthly statement that summarises their transactions. Members can transact using the following: an eftpos-enabled card, a phone application with transactional capabilities, and online transactional options. In addition, Bartercard promotes member businesses and maintains and updates a member business directory.