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International Monetary Systems Creates Corporate Barter Division

A natural and obvious progression has taken place with IMS’ Continental Trade Exchange, now one of the largest barter company’s in the world. They’re moving forward by officially creating a corporate barter division.

Unlike their retail barter network, which works with smaller businesses and professionals, corporate barter involves manufacturers, distributors, hotel chains and larger companies. Recently IMS has processed two higher-valued transactions with major distributors totaling $700,000.

CEO Don Mardak explained, “Our CTE barter system now serves 14,000 cardholders. Adding the dimension of corporate barter transactions is the next natural step. Inasmuch as we have a substantial infrastructure in place, we are in a position to successfully distribute the products of these corporate clients through our network.”

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