XO Limited Launches Inclusive “Pay Anyone” Software

XO Limited has recently launched its new “pay anyone” feature, where members of any barter exchange can send barter dollars to anyone who has a mobile phone or e-mail...even non-barter exchange members. The feature is designed to make barter more “liquid” and more accessible to the wider community.

Trade exchange members can transfer funds to either (a) members within the same exchange, (b) members of other linked barter exchanges—those within their pooled or direct credit limits, or (c) any other business or individual who has a valid e-mail address or SMS capable mobile phone

When funds are transferred by a barter exchange member to a non-member they receive an e-mail or SMS message advising them of the pending payment.

The non-member recipient clicks a link, fills out a few details, and immediately becomes an enrolled member of your exchange. The payment will be instantly received and can be used with any other barter exchange member or to pay anyone else online.

Accepting recipients automatically become a member of the barter exchange from which the payment originated. Exchanges can set, eliminate, reduce, or put a time-limit on the fees for Pay-Anyone payment recipients and set credit limits as required.

For more information on XO Limited go to: www.barter-software.com.

TeleTrade International Trade Volume Up 10%

CEO Gary Lasater affirmed that TTi set a new record for the company’s worldwide platforms, servicing the international independent trade exchange industry, with total transactional processing for 2006 coming in at $104,166,144.

Moving into the new year TTi will be introducing new programs for combining the ability to process credit, debit, discount and barter programs...all from one terminal for merchants throughout the nation.

TTi reports they now have a secure relationship with the country’s fourth largest private merchant service provider, which will enable participating merchants the lowest credit and debit processing rates in the nation.

For further information on TeleTrade International services and plans for the future contact Gary Lasater at (303) 840-7172 ext. 1, or e-mail gary@teletrade.net.

ITEX’s White Expects More Vibrant B-2-B Trading Community

In a recent “Message From The Chairman of ITEX,” CEO Steven White told shareholders that the company will take calculated risks to generate even stronger revenue growth and greater profits than those the company accomplished over the last three years, since taking the helm.

White asserted, “I envision a greater and more vibrant business-to-business trading community as we move forward with our planned initiatives.”

When White became Chairman and CEO, ITEX had a contracting member base, mounting legal issues, declining revenues, a negative net worth, and a market capitalization of $2 million.

In a short three years revenues went up 38% (compared to fiscal 2003) and the company completed three consecutive years of positive net income, while market capitalization grew 500%.

The company is moving corporate headquarters into a larger facility this month, expanding from 4,500 square feet to 7,000 square feet. (The move is a few miles from their previous headquarters.)

For more information on the 22,000 member organization visit: www.itex.com.