Is the Tradia ® exchange concept legal?

Yes it is. In 1984, the IRS regulated the barter industry, recognizing it as a legitimate way of doing business. Our cashless system of accounting is regulated by the IRS in the same category as banks, credit card companies and lending institutions.

How do I handle income taxes on Tradia Dollar revenues?

Every business and individual case is different. We cannot give tax or accounting advice. Please consult a licensed, reputable accounting professional regarding your specific situation. Tradia Dollars are considered by the IRS to be reportable income and Tradia will provide a 1099-B each January for the preceding tax year, of all sales revenues for each Tradia account.

Is a Tradia Dollar worth a dollar?

Many members believe that saving money is making money. Every time you spend Tradia Trade Dollars for anything you would normally pay cash for, is a real value in anyone's eyes.

What is backing or guaranteeing Tradia Dollars?

For every Tradia Dollar in circulation there is a Tradia Dollar owed to circulation by another member account. To our knowledge, there isn't any other barter system that can make such a claim. Tradia is driven to maintain not only a balanced economy but also a barter system where a trade dollar maintains the value of a dollar.

What is the biggest benefit of using Tradia Dollars?

That has to be when you spend your Tradia Dollars and keep your cash in your pocket where it belongs! Secondly, it would be the new customers you receive that would not have been there without Tradia. Thirdly, when you purchase through the Tradia system, you are giving yourself a discount. Tradia gives you the ability to use your profit margin when you buy as well as when you sell. For example, if you are in the tire business, you purchase at a lower price and sell at a higher price. This is your profit margin. If tires cost you $25.00 and you sell them for $50.00, then every $50.00 purchase you make with Tradia Dollars only costs you $25.00. Every purchase you make is at your cost of doing business. When you turn used inventory into Tradia Dollars, it's new found money working for you. Imagine trading that used pick-up truck for Tradia Dollars and spending them on much needed dental care. Makes perfect sense, doesn't it?

Who controls how much I trade?

You control the volume of sales and purchases made through your Tradia account. We ask each business account to be open for barter sales for at least a month at a time, if possible. We want the Tradia directory to be as accurate as possible for all members.

If I'm a business account, is a listing in the directory mandatory?

No, some businesses are so much in demand or their profit margin is so low that being in the business directory could be detrimental to their cash flow. There are also companies who have too much cash business that it does not make good sense to replace cash with non-cash or barter business. Because of their lack of available time they may only accept Tradia customers to fill in the occasional down times. They love new Tradia customers, but only when it makes sense to their business.

How to find what you want

When you are buying, there are three ways to access the Tradia® inventories. First, you search our Web Site Directory and Classifieds. The second way is to provide us with your email adress or fax number for frequent broadcast updates. Thirdly, you can call your Tradia® Broker or Trade Director for assistance.

How Electronic Payments Work

Tradia® cares about your privacy. We want our members to feel comfortable in providing a credit card number or bank account information to us for future transaction fees. As a Tradia® Member, you will receive a statement of your trade account with all the previous month's barter activity and associated charges. You will receive your statement prior to any charges against your credit card or bank account on file with us. We run the electronic payment batches on the 10th of each month. This will give you approximately 5-7 days before we debit your credit card or bank account in a secured file with us at the Tradia® Corporate Office. For all trade transactions performed in September, you will not be charged the transaction fees until the 10th of October. This gives you time to alert us of any accounting discrepancy due to human error. This system also gives you the control you need with your financial information. If you ask us not to charge your credit card or bank account for any reason, we will honor your request.

Client referrals

We pay our Tradia® Members to introduce us to their friends, family, and associates. When you refer a business that opens a Tradia® account, you earn 150.00 Tradia® dollars, directly deposited to your Tradia® account. This is a great way to earn additional trade dollars.

Buyer beware

Business is business so be a careful shopper. Check the prices. Get more than one estimate or opinion. Many of us have been through the frustration of not paying attention to details when making a purchase. When dealing with contractors, make certain that all details are in writing to protect both parties. Remember, you earned your Tradia® Dollars, so spend them wisely. Every time you spend your trade dollars for something you want, your cash stays in your pocket. Treat your trade dollars like money because they can spend like money. If the price is too high, don't buy it, then call your Trade Director to advise.

Part cash transactions

Make the deal. In an ideal world every transaction would be 100% Tradia® Dollars. Truthfully we don't all have the same profit margin or demand for our product or service. There are certain high demand or small profit categories that may be traded on a part cash/part Tradia® basis. Part cash transactions are permitted in the Tradia® system with your Trade Directors approval, however, it will make your products and services more difficult to sell in the Trade system.

How to sell your product or service

We bring the buyers. Simply call a Trade Director to list anything you have to sell in the Tradia® Classifieds, Directories, or Auctions. Once you are comfortable with our web site and trade system, you can list all of this yourself and much more. Sell your products and services for fair market value. You don't have to discount to bring in new customers. You don't have to discount to sell your used inventories. As a reminder, always get a Tradia® authorization number on sales.

How to access the Business Directory and Classifieds

The future is here. You don't have to rely on anyone else for information. You can access the entire Tradia® system from your own computer. Our world is at your finger tips. Besides the home page menu that describes the Tradia® system, you have various sections of information to choose from.

Authorization for all transactions

When you are selling, in order to insure payment in Tradia® Dollars you must always obtain an authorization number from the Tradia® system or mail the Trade Draft within seven days of the transaction date. Failure to follow this procedure could jeopardize your ability to collect from the buyer. Remember, you are responsible for negotiating every aspect of the transaction, including all warranties and guarantees. It is your responsibility to verify funds on every transaction.