T h e Barter B l o g

The barter exchange OzoneCard Australia is offering business members the opportunity to barter for no cash fees. Additionally, the OzoneCard system allows businesses to offer only those goods they wish to barter and to offer items for a limited time. Members can also offer their entire range of goods for barter, but provide online quotes and approve sales only when needed. For example, members with perishable inventories could offer better trade terms when a large batch is nearing expiration or a hotel could offer better trade terms during the off-season when rooms are going unfilled.

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OzoneCard Australia announces that its upgraded barter platform now allows businesses to trade their spare capacity whenever they wish with no cash fees.

OzoneCard Australia announced today the unveiling of its new system to allow businesses to trade their excess capacity for advertising, business supplies and other needed goods and services.

OzoneCard is a promising online barter service with a twist. The company has launched its system with no cash fees and a “trade only when you want” attitude for transaction acceptance and posting.

“A typical barter exchange is limited in scope because it tries to pretend to be like money,” says Mr Leota. “Barter is about selling extra capacity for things that you need. A hotel does not want to sell its rooms during peak season and a retailer might not want to sell all of their stock on barter, preferring instead to sell only those items which have a high mark-up”.

The OzoneCard Australia service offers businesses the ability to join and trade free of charge. Once a member signs up they create an online directory listing and a detailed list of their products or services for sale.

Members typically also receive a credit limit in barter dollars which they can use immediately to spend with other merchants.

“Business owners can join OzoneCard and trade their spare capacity for things that they need,” says Rimoni Leota, Senior Account Executive of OzoneCard. “Without spending any cash they can buy advertising, graphic design, website hosting, business supplies or even accommodation.”

More than 10,000 businesses across the country barter and the World Trade Organization estimates that 15 percent of the $5.62 trillion made in international trade is conducted on a non-cash, barter, basis.

OzoneCard looks to differ itself from other barter exchanges by offering extra services such as 24 hour telephone brokering, mobile phone banking, telephone banking, swipe cards and online buying and selling.

The OzoneCard e-commerce system allows businesses to list all of their items for sale online and can provide online quotes to other members and accept only those sales it approves. Businesses can also choose to list only the items which they want to sell, and only for a fixed period.

“Barter is a low-cost way to sell buy goods. Businesses who have extra capacity which remains unsold (such as a hotel or radio station) can sell this for full retail value in barter dollars. The cost to sell this item is zero because it will be wasted if not sold. The business owner then uses these barter dollars to buy advertising or other things that they need,” says Rimoni.