We help your business improve cash flow and gain new customers through our online trading platform. Your products and services have value, so why spend cash to get what you need. Keep that in the bank or use it to help continue to grow your business. Our online platform allows you easily accept trade sales from any number of our local and national members, save it, and spend the trade when and how you like regardless of who you earned it from. One on one trading is a thing of the past. With the group dynamic, trading is a very efficient and powerful tool for your business. www.kansascity.itex.com (816) 470-9055
• Founded in 1982, ITEX implemented a Virtual Currency for the purpose of transacting business as an enhancement to using US Dollars (Cash). For Federal SIC Code purposes – Business Services Not Elsewhere Classified. A Modern Barter Exchange
• The ITEX Dollar is equal to a US Dollar for purposes of tracking income and expense. (See IRS: http://www.irs.gov/Businesses/Small-Businesses-...) “Unlike one-on-one bartering, members of exchanges are not obligated to barter or purchase directly from a seller. Instead, when a barter exchange member sells a product or a service to another member, their barter account is credited for the fair market value of the sale. When a barter exchange member buys, the account is debited for the fair market value of the purchase.”
• Even the US Dollar has flavors of being Virtual in the form of checks, credit cards, debit cards, and even loyalty programs, couponing, and promotional codes.