Online barter site
Barterquest.com
has announced the introduction of “barter points” into their
heretofore direct trade site. The points will provide traders
greater flexibility in finding and completing trades — especially
when there is a significant difference in the value of the items
being traded.
Users will be able to purchase points at any time (one point equals
one dollar) and redeem them for cash. There will be no charge or
fees for the purchase of points, and a small charge for the transfer
or redemption of points.
Barterquest has partnered with PayPal to develop tailored
applications of its newest Adaptive Payments APIs to provide users
with easy and safe payment options.
A
secure payment feature will escrow points for a period of time after
their transfer. During that period they will be unavailable for use
in another trade and cannot be redeemed. If the sender of the points
disputes the trade within this period, the points will be held
pending a resolution of the dispute.
