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Bartercard International Snapshot
Bartercard wants the world to embrace its "barter, barter, everywhere, and nary a coin to clink" with a modern version of the original monetary system. Using a complex system akin to the credit card, Bartercard has created an exchange whereby a company solicits business from another company within its network and is paid in in-kind services rather than cash. The company has business trade exchanges among more than 75,000 members and merchant accounts in nine countries, many of which are located in the Middle East. A private company, Bartercard was founded in 1991 by executive chairman Wayne Sharpe and other directors.
