Business can trade goods on the Bartercard instead of spending money
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Bartercard is growing in the UK as more businesses turn to trading to reduce spending.
The card works like a credit card, but instead of spending money, businesses can trade goods and services, via its unique “Trade Pound” currency. On joining Bartercard account holders receive a card and an interest-free line of credit, when goods are sold, member’s accounts are credited with trade pounds, and when purchases are made, trade pounds are deducted. More than 80% of Bartercard’s members are SME’s and the scheme aims to generate 10% in additional sales for each business.
Wayne Sharpe, founder of Bartercard says, ‘I have lived in the UK for over seven years now and I know and feel for the SME’s – they are the heart of this nation and we will help them beat the recession in any and every way we can’. Visit www.uk.bartercard.com for more details.
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