Tag Archives: barter

The Incredible Lack of Internet Hubub Around IRTA’s Proposed Change in Software Providers Leaves Me Saying, “Meh.”

The barter industry has much to thank Dennis Smith for in the year 2014. He took down Ormita, a house of cards which perpetrated gross crimes across the world, after years of research and investigation. I personally talked to Dennis, at length, during that particular time, and I find him to be lucid, even if […]

IRTA Contracts With BPS Technology

Official release from IRTA: IRTA’s wholly owned subsidiary, Universal Currency Clearinghouse, Inc. (UC), has operated as a successful global inter-exchange clearinghouse platform for trade exchanges for seventeen years. UC was conceived as a strategic advancement in the industry that would allow barter companies to trade through a common currency thereby increasing the trade volume of […]

BPS Technology (Bartercard) Announces IPO

BPS Technology, which is the technology company that runs Bartercard, has announced an initial public offering, valuing the company at around $58.5 million, as it hunts for acquisitions. The offer is set to raise $28m for the Queensland-based firm through the issue of 28 million shares at $1 per share, representing a 2014-15 financial year […]

UC Exchange Up 63%

Universal Currency Clearinghouse, Inc. (UC), the preferred inter-exchange currency of barter exchange owners, announced that UC posted a 63% increase over 2013’s trade volume for the first two quarters of 2014. Last year’s first six months of trade volume was 3,990,492 and 2014’s first six month’s of trade volume came-in at 6,541,990. UC is now […]