Bartercard is a trading platform enabling businesses to exchange goods[1] and services.
These transactions are recorded electronically, with ‘Trade Dollars’ substituting New Zealand currency.
[2] Bartercard was founded in 1991 on the Gold Coast, Australia by Wayne Sharpe, Brian Hall, and Andrew Federowsky.
For calculating taxation liability, the Australian Taxation Office (ATO) treats one Bartercard Trade Dollar the same way that it treats one Australian Dollar.
The trade is limited and mainly serves to attract new customers, increase sales, and offer networking opportunities.