Top Barter Card - India's first online product exchange bank

2015-07-01 20

What is Top bartercard / Top bartercard Trade ?
Top bartercard is a medium in which goods or services are directly exchanged for other goods and/or services without a common unit of exchange (without the use of money).A trade or Top bartercard 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 Top bartercard or trade Rupees. Modern Top bartercard 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 a Top bartercard 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. Commercial exchanges make money by charging a commission on each transaction either all on the buy side, all on the sell side, or a combination of both.