RCC members receive a $175 bill credit upon activation as well as access to interest-free Barter Loans™.
BarterPay has taken the age-old practice of one-to-one bartering and transformed it into a one-to-many organized system where thousands of businesses are converting their unsold time and space and idle inventory into what they need and conserving their hard-earned cash. Retailers can now obtain things like printing, advertising, leasehold improvements, signage, PPE and more by trading their excess inventory at full retail value.
Retail Council of Canada has established an affinity partnership with BarterPay, whose organized system utilizing Barter Credits™ are recognized as a cash equivalent by the Canada Revenue Agency (CRA). One Barter Credit™ equals one Canadian Dollar for valuation, accounting and tax purposes.
Through the BarterPay platform, retailers can now access a wide variety of goods and services without using cash, instead they can just offer up their slower-moving inventory in exchange. The inventory is sold at retail value to other BarterPay members for Barter Credits™. Regardless of who acquires the inventory, the seller can take their newly earned Barter Credits™ and use them with any other member in the network to offset what would have been cash expenditures.
This partnership brings a unique opportunity for RCC members to conduct smart business using barter which will significantly improve cash flow. Please visit retail.barterpay.ca to learn more and book a quick, no obligation discovery call.