Bartercard New Zealand

     
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Business Community

About Bartercard

Bartercard provides business opportunities to members by converting unutilised trading capacity and excess inventory into business opportunities with new customers. It's world-leading, innovative trade exchange system allows over 24,000 member businesses in nine countries worldwide to benefit from the cashless economy of bartering. 

Since its inception in New Zealand, Bartercard has grown to over 6,000 member businesses across New Zealand and trades over $150 million worth of goods and services outside the cash economy each year. 
 

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9
countries
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6,000
business nationwide
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12,000
cardholders
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Trading over
$150 million a year

What is Bartercard?

Bartercard aims to increase your business by 5 - 15% and increases net cash profit. 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 offset cash expenses, therefore saving real cash.
 
One Trade Dollar is equivalent to one New Zealand Dollar for all accounting and taxation purposes.


Businesses can use or accept Trade Dollars if both parties in the transaction are Bartercard members. Let’s say a Bartercard member sells $1,000 worth of goods or services to another member using Trade Dollars, that $1,000 will go into the Bartercard balance of the seller to use at any other Bartercard member business in the future.

Trade Dollars accumulate in a Bartercard account as they would with normal cash sales. Trade Dollars can be used to offset cash expenses in business. Many fixed costs e.g. lease, utilities, wages of producing products or services are covered through cash sales, so when Trade Dollars are used to purchase a product or service at market price, it is actually paid for through the buyer’s own inventory – which is wholesale. In effect, each time a purchase is made between Bartercard members, they receive a discount equal to Gross Profit Margin.

Bartercard works like a normal bank account or credit card, except that it is an alternative, electronic currency (Trade Dollars) that is exchanged between members to pay for their goods and services, with sales representing an asset or cash received, and a purchase representing a liability or cash paid.

What Bartercard is not...

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A way for companies to avoid tax
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A rewards or loyalty programme
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A daily deals provider
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A pyramid scheme
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Contact Us
0508 BARTER
(0508 227 837)
info@bartercard.co.nz
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Contact Us

0800 New Customers

0800 639 287
info@bartercard.co.nz
 
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