Barter of America Debit Card Project, Join our Cashless Society.

With the advent of BoA on-line, including a website, an on-line shopping mall, on-line live auction rooms and swipe card facilities, BoA is set to dominate the world's barter trade in the 21st century. BoA's move to introduce swipe card facilities was a world first for a non-bank institution. It provides a fast, convenient way to purchase goods and services and reduces paperwork substantially.

The evidence demonstrated that the future of The Barter Industry products would be built on, and dependent on, debit functionality. The Barter of America Debit card issuers are developing relationship magnetic-stripe cards and multifunction smart cards whose principal characteristic will be access to customers’ demand deposit accounts. Trade Exchanges or Barter Clubs that do not also have a debit functionality will fall by the wayside.

Barter of America already had taken steps to accommodate members who favor Barter-Debit Card and Internet Software Platform in their POS (Point of Sale) Terminals.

OVERVIEW AND VISION
Barter of America has developed a communications, transaction and settlement infrastructure. Our technology-driven trading system is designed to improve the efficiency of what is currently a cumbersome, paper-driven commercial market hampered by currency exchange issues and the challenge to monetize assets which are taken in exchange.

Transaction System innovations.

By bringing together an expert team of leading monetary economists, database software experts, quantitative mathematicians, and transaction systems specialists, Barter of America intends to significantly advance the concept of barter credits with a view to facilitating the creation of a far more robust commercial "eCurrency" trading unit. The use of a Debit Card is critical in facilitating the acceleration of transactions flowing through BoA’s trading system by removing the constraints of duality that currently exist in the large, corporate and independent Trade Exchanges of the trade market.

We look forward to helping you increase the power of your dollar.