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, construction, web development, leasehold improvements, signage, 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 utilizes Barter Credits™ that 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.
INTRODUCING: BarterPay Online Barter Mall
Now, with BarterPay’s Online Barter Mall, there is an even easier way to move your idle inventory without needing to consolidate it in one location. BarterPay’s “done-for-you” service will create your “barter store”, load in your desired inventory, market your goods, generate sales, and send you the orders for fulfillment! All you have to do is provide the details of the products that you’d like BarterPay to sell, and their dedicated team will take it from there! Join over 300 retailers, and growing, who are converting their idle inventory into other products and services they need and conserving cash! (Powered by Shopify)
Organized barter explained
Through BarterPay, retailers access a wide variety of goods and services without using cash. Instead, they just offer up their slower-moving inventory. 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.