A trade or barter exchange is a commercial organization that provides a trading platform and bookkeeping system for its members or clients. The member companies buy and sell products and services to each other using an internal currency known as barter or trade dollars. Modern barter and trade has evolved considerably to become an effective method of increasing sales, conserving cash, moving inventory, and making use of excess production capacity for businesses around the world. Businesses in barter earn trade credits (instead of cash) that are deposited into their account. They then have the ability to purchase goods and services from other members utilizing their trade credits – they are not obligated to purchase from who they sold to, and vice-versa. The exchange plays an important role because they provide the record-keeping, brokering expertise and monthly statements to each member of the barter or trade organization. Any trades are not direct so you only trade things that you want or need in a collective group so that you are only getting things that you require.
A good replacement for Visa, MasterCard and Debit as well as conventional credit lines is Barter and Trade. This aids in reserving cash for other business purposes for things that are not currently available on barter like your hydro bill and taxes.