Raising the Standard of the Trade
  and Barter Industry Since 1979
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Raising awareness and value of industry Standards to enhance the entire Global Community.
Enhancing and building Trade Velocity through Reciprocal trading with a Universal Trade Currency.
Annual International Conventions foster Relationships and cooperation between exchanges worldwide.
 

RAISING THE BAR ON INDUSTRYETHICS & STANDARDS

IRTA, is committed to promoting just and equitable standards of practice and operation within the Modern Trade and Barter and other Alternative Capital Systems Industry, by raising the awareness and value of these processes to the entire Global Community.

Friday, November 21, 2014
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October 3, 2014: IRTA's Cancun Convention a Big Success

Membership Applauds IRTA & UC's Accomplishments & Global Board Re-Elects Annette Riggs as President

 

IRTA's 35th Annual International Convention in Cancun, Mexico was a resounding success as representatives from trade organizations around the globe rallied in support of IRTA and UC's thirty-five years of meaningful accomplishments for the barter industry.

The convention was opened by world renowned actress Dette Glashouwer, who dazzled the audience with her creative presentation on the history of money, central banks and barter. Seminars on complementary currencies, FINCEN rulings, proper deficit management, sales & broker training, real estate trading and UC were all well attended.

The IRTA annual meeting reviewed IRTA and UC's 2014 financials. The Treasurer distributed the Financial Reports and provided an overview of challenges and successes before opening the discussion to the members for a Q&A session. So far in 2014 twenty new members joined IRTA and there has been record setting UC trading and UC cash revenues for the year. Despite a software conversion and other challenges in September, UC set a trading record for the month of September with 637,204.02 of trading, thereby exceeding 2013's total annual trade volume of 8,598,461.70, after only three quarters in 2014, with one full quarter of trading still to go in 2014.

"It really was a great convention, with a lot of camaraderie and warm feelings of good will and support from everyone who attended," said IRTA Executive Director Ron Whitney.

The IRTA membership re-elected John Strabley, (IMS, Milwaukee, Wisconsin), Mary Ellen Rosinski, (Tradesource, Phoenix, Arizona), and Scot Mathewson, (iTradeearth, Cayey, Puerto Rico), to the Global Board of directors and also elected new board members Chong Kee Tan, (Bay-Bucks, San Francisco, CA), and Steve Zadrick, (WorldtradeX, Ocala, Florida).

The IRTA Global Board re-elected Annette Riggs to another two-year term as President of IRTA and also re-elected Mary Ellen Rosinski as Treasurer of IRTA. New board member Chong Kee Tan was elected to serve as IRTA's Secretary. Scott Whitmer, IRTA's Vice-President, retained his VP seat as his VP term runs through September of 2015. 

The Cancun Convention was capped-off by the Annual Awards Dinner that honored Michael Mercier of Metro Trade in Detroit, Michigan with the Barter Hall of Fame Award. Other key awards were received by Bruce Kamm, (Paul St. Martin Award), Vern Ulery and Richard Harris, (Legends of Barter Award), and Diane Gasper for 2014 UC Broker of the Year.

IRTA and UC congratulate all the 2014 award winners and looks forward to another year of tremendous growth in both IRTA and UC as well as reaching important industry advocacy goals.

 


 

Michael Mercier Selected As 2014 Barter Hall of Fame Inductee  

The Hall of Fame Committee is pleased to announce that Michael Mercier, founder and President of Metro Trading Association, has been selected to receive the 2014 Hall of Fame Award. This is the highest honor conferred by IRTA. He is a barter industry founder and past President of IRTA. The Hall of Fame Committee is comprised of all the former recipients of the Hall of Fame Award.

The award will be presented at IRTA's 35th Annual International Convention being held September 25th through 27th in Cancun at the Grand Oasis Resort.

Michael started Metro Trading Association in 1978. It services the business community in Michigan and Ohio. In addition to being a past IRTA President, Michael has served as IRTA's Vice-President and Secretary.  Mercier has chaired numerous IRTA committees and been recognized with the "Paul St. Martin Award", "Legend of Barter Award" and numerous "Outstanding Achievement Awards."  Since 1984 he has been a tireless worker to unite the industry domestically.                           

Michael also played a leading role as the long-term chair person of IRTA's Government Relations Committee. He authored, (with IRTA staff), legislation to regulate the industry that was twice introduced in the United States Congress. Additionally, he was deeply involved with lobbying Congress in response to the "John Doe" summons activity of the IRS. This led to the government's recognition of the barter industry as a third-party record keeper via the Tax Equity and Fiscal and Responsibility Act (TEFRA). This record keeper designation was the first point cited by the Commissioner in the the recent exemption obtained by IRTA from the CA Money Transmitter Act.  

IRTA congratulates Michael on his well deserved 2014 Hall of Fame Award!

IRTA invites all retail barter exchanges, corporate trade companies, complementary currency organizations and counter-trade companies to attend this year's most important industry convention!     

 


 

IRTA has released its program schedule for the 35th International Convention at the beachfront Grand Oasis Resort & Spa on September 25th through 27th, 2014. 

The convention schedule emphasize new barter organization models, including cutting edge complementary currency systems and hybrid programs that are fast taking hold worldwide. Additional seminars will focus on IRTA's Deficit Advisory positions, the latest developments in Bitcoin and crypto-currency rulings, the IRS's latest stance on 1099B's for pass-through entities, sales and broker training/techniques, managing real estate trade and other high ticket items. 

IRTA's Executive Director, Ron Whitney said, "IRTA has been very busy advocating for all segments of the barter industry, and the fruits of that pro-active advocacy work are readily apparent by the quality level of programming we have scheduled for this year's big Cancun Convention. IRTA conventions are all about learning about the latest trends and issues that effect our industry - there's no better place to access that important information than an IRTA Convention. Plus, there simply isn't a better networking event in the business and,120 to 150 attendees from around the globe will be in Cancun - so plan on attending - you owe it to your business, your employees and your members!"       

Remember IRTA is offering a 10% across-the-board discount on the regular cash and trade three-day convention package for all attendees AFTER the second registration, from any one barter organization.

Don't wait - space is limited! Register now for IRTA's 35th Annual International Convention in Cancun from September 25th through 27th, 2014 at the gorgeous Cancun Grand Oasis Resort & Spa!

View the Convention Schedule

Download Convention Registration Form

 


 

Active International Celebrates 30 Year Anniversary. Named Platinum Sponsor For IRTA's 2014 Cancun Convention.

IRTA is proud to announce that Active International, www.activeinternational.com, the barter industry's largest corporate trading company, will be the Platinum Sponsor for this year's 35th Annual International Convention at the Grand Oasis Cancun Resort from September 25th through 27th, 2014.   

Active's CEO and co-founder Alan Elkin commented, "Active goes back with IRTA over 25 years. We always believed in IRTA's mission. We also believed that the barter industry needed an objective and strong voice in the marketplace. We have seen IRTA's evolution over the years into an organization that truly represents the entire industry."

 

Active's Founders, Alan Elkin & Art Wagner

Active is celebrating its 30th anniversary this year. The company operates in 14 countries with a staff of 500+ experienced professionals. IRTA congratulates Active for its 30 years of unsurpassed excellence in the corporate trade industry and is thankful for Active's ongoing support of IRTA!

All-Inclusive Grand Oasis Cancun Resort & Spa Selected For 35th Annual International Convention

The International Reciprocal Trade Association (IRTA), the world's leading association and advocate for the barter and trade industry, is pleased to announce its 35th Annual International Convention will be held at the beautiful beach-front all-inclusive Grand Oasis Cancun Resort & Spa from September 25th through 27th, 2014.  

"IRTA is thrilled to provide another high-end all-inclusive venue for this year's convention at an incredibly reasonable price. Cancun is such a great location and inexpensive to fly to - we will have a big turn-out for our 35th Annual Convention - it will be a good one!," said IRTA's Executive Director Ron Whitney.

Shoulder rooms are available before the 3-day convention and after the convention, so plan on making a vacation of it! Don't wait, register now for IRTA's 2014 Convention at the Grand Oasis Resort & Spa in Cancun, Mexico.

If you have any questions, contact Ron Whitney via email at  This email address is being protected from spambots. You need JavaScript enabled to view it.  or call 757-393-2292 or Patty Weston at  This email address is being protected from spambots. You need JavaScript enabled to view it.  or call 407-951-6797.

Registration Form

Award Winning Speaker/Actress Dette Glashouwer Keynote Presenter For 2014 Cancun Convention

The world renown, Amsterdam-based speaker and actress, Dette Glashouwer has been selected to be the keynote presenter at IRTA's 35th Annual International Convention in Cancun, Mexico from September 25th through 27th, 2014 at the Grand Oasis Resort & Spa. 

At the time the financial crisis broke out, Dette Glashouwer had to close her theatre company. She became very interested in the topic of money and decided to make it the central theme of her next series of performances. After a successful first tour in the Netherlands, she traveled to America, Norway, Istanbul where she performed in theaters, festivals, people's homes, at banks and Timebanks. She spoke with scientists, visionaries, philosophers and out-of- the-box-thinkers to get an answer on her question: "what is money", how does the current money system effect our planet and how do barter and complementary currency systems help, and are there other new creative sustainable options available? This led to a second and even a third play on the topic of money. 

Dette Glashouwer's entertaining and informative crash course presentation on the history of money, debt, stocks, barter and complementary currency systems won the 2011 Mediamatic Award for Best Idea. 

Convention Registration

Industry Alert: Investigation Concludes Daniel Evans & Ormita are a Fraud

IRTA alerts the industry to the findings of a comprehensive investigation and report on Daniel Evans and Ormita.

The Ormita Report, released on March 26, 2014 reveals a long history of misinformation and fraudulent activities by Daniel Evans and his company Ormita.

The Ormita Report was well researched and written by New Zealand author and blogger Dennis Smith and it provides credible evidence that Ormita is an international con.

The findings of The Ormita Report are consistent with IRTA's knowledge of Mr. Evan's deceptive business practices and Ormita as a fraudulent organization. According to the author, Ormita is "little more than a one-man-band using smoke and mirrors" and Ormita's claimed trade volume figures are a "total fabrication".

IRTA highly recommends that you read the report, and then inform any barter companies or organizations that are considering doing business with Daniel Evans or Ormita, as well as any victims of Mr. Evans and Ormita.

IRTA was founded in 1979 to foster the common interests of the worldwide barter industry and to uphold high standards of ethical business practices within the industry.

Over the last thirty-five years IRTA has taken a proactive role in preserving, protecting and enhancing the global barter industry.

We believe that IRTA has a responsibility to expose and confront dubious barter operators so as to protect the public and fellow barter industry members from harm.

Widespread dissemination of this comprehensive report will be of benefit to the international business community.

The Ormita Report can be found at www.theormitareport.com

If you have questions or seek further information, please contact IRTA's Executive Director, Ron Whitney at  This email address is being protected from spambots. You need JavaScript enabled to view it.  or 757-393-2292 (U.S.)

President's Message - IRTA Finishes Another Great Year!

2013 was another record setting year for IRTA and UC as both organizations surpassed their goals for the year.

The IRTA Global Board of Directors is proud to report the following notable accomplishments of 2013:

* UC trading set an all-time annual trading record of over 8.5 million for 2013 and set an all-time monthly record of 1.1 million in December of 2013.

* IRTA and UC surpassed their cash revenue goals for 2013 by 9%.

* Held an incredibly successful 34th Annual International Convention at the five-star Las Vegas Venetian Resort attended by 130 barter professionals representing 45 barter exchanges and complementary currency organizations from all over the globe.

* Provided CTB training and certification to a record number 25 people at the IRTA Las Vegas Convention.

* Issued a comprehensive Franchise and License Agreements Advisory Memo which provided the legal parameters of proper franchise and licensing for the industry. 

* Along with the U.N. and the STRO Foundation, IRTA provided  critical support to a Kenyan based non-profit community currency group (Koru-Kenya, Bangla-Pesa's) to help get criminal charges against the group dropped by the Kenyan government. The project is operational again with government support.

* Attended and contributed to two European meetings in an effort to build IRTA's international base and affiliations with other complementary currency systems.

* Hosted a three day meeting in Washington D.C. with the International Islamic Trade Finance Corporation in an effort to develop a multi-layered barter system for 57 Islamic countries. 

* Engaged in discussions with Chinese representatives to establish a barter training protocol and barter system for China.

* Launched a new website design for IRTA's website in February 2013.

* Elevated IRTA's social media program and created IRTA YouTube and LinkedIn sites.

* Significantly increased membership in both IRTA and UC.

* Provided warnings to the industry regarding unscrupulous organizations that threaten the prestige and positive reputation of the barter industry.

IRTA and UC will continue to pro-actively advocate for barter and complementary currency systems in 2014. We encourage you to get more involved in IRTA and UC in 2014 and welcome your participation.

Thank you to all of the devoted volunteers that serve on important committees and to my fellow Global Board Members who generously commit their time and resources.

We look forward to another great year in 2014 filled with creative new initiatives that will benefit your business and our industry in general.

Best wishes for the New Year!

Annette Riggs

President, IRTA & UC

International Reciprocal Trade Association News

The new IRTA website features custom architecture and a new enhanced user experience.

It's rich interactive interface is designed to enhance member's and visitor's online experience.

Member Directory: Find a Local Exchange.

View the Member Directory to find select barter exchanges committed to the highest ethics and industry standards.

Assure a positive experience with IRTA Members.

View Member Directory

UC Members: Enhanced trade opportunities.

UC Member exchanges offer enhanced value with a brilliant array of worldwide reciprocal trade opportunites.

Enhance your success with UC Member exchanges.

View UC Members

IRTA Member News and Information

 
 

VirtualBarter launches FixXchange.

FixXchange, a new member service, empowers 30,000 FixxBook contractors to trade their services and excess inventories with select US barter exchange members.

Read More

iTradeEarth launches new website.

iTradeEarth, in its quest to provide its members with an exicting, intuitive, online user experience, launched its new website and trading platform to rave member reviews.

Read More
 

PCI Compliance

Recent Payment Card Industry (PCI) standards require organizations that accept credit and debit cards to follow new strict guidelines for the handling of credit and debit card information so as to prevent credit and debit card fraud. The new PCI standards clearly apply to barter exchanges and/or community currency organizations.

Specifically, the common practice of emailing or faxing member credit card information on travel requests is not compliant. The solution is to have the member call the hotel or property directly with their cc info after confirmation. It will go directly into their computer system without a document being passed from person to person in an unsecure manner.

Non-compliant companies who maintain a relationship with one or more of the card brands, either directly or through an acquirer, risk losing their ability to process credit card payments and being audited and/or fined..

Continue Reading

IRTA's Executive Director, Ron Whitney Interviewed on BarterTown Radio

November 1, 2014

IRTA Global Board/UC Committee

October 4, 2014: Report on Universal Currency (UC)

Read the Full Report

Latest Industry Advocacy By IRTA

IRTA Weighs-In With The State Of California To Protect The Barter Industry

The California Bureau of Consumer Financial Protection (CFPB) is proposing changes to the California Money Transmitter Act (CMTA) that could negatively impact the U.S. and international barter industry.

Therefore, IRTA has written a letter to the Legal Division of the California Department of Business Oversight in an effort to explain the history of our industry and to request that any changes to the CMTA will not characterize barter exchanges as "money transmitters," thereby excluding barter exchanges from any potentially restrictive language.

Click the button below to read the complete letter from IRTA Executive, Ron Whitney's April 25, 2014 communication to the State of California.  

View the Letter to the
State of California

IRTA Receives Favorable Opinion From CA Commissioner of Business Oversight

June 30, 2014

Barter Exchanges Do Not Need To Be Licensed Under CA Money Transmitter Act  

The global proliferation of Bitcoin and other crypto-currencies has caused many governmental agencies to review their financial code sections that relate to money transmission reporting requirements.

Since the FinCEN advisory was released last year, there has been great concern and confusion in the barter industry. Some state governments are reviewing their own codes. There is concern that such reviews might result in new code revisions that could be written in a manner so as to restrict, or even eliminate the organized barter business model in multiple jurisdictions.

In the Spring of 2014, IRTA became aware of the State of California's intent to revise their Money Transmission Act, (MTA), Financial Code Section 2000. IRTA initiated contact with the California Department of Business Oversight, (CDBO), and then submitted its position and explanation on why barter exchanges are not Bitcoin-like crypto-currencies, and as such should not be covered by the California MTA.

Click HERE to read IRTA's April 25, 2014 letter to the CNBO.  

On June 26, 2014, CDBO Commissioner, Jan Lynn Owen, and Senior Legal Counsel, Jennifer Rumberger, Esq. wrote IRTA to confirm that "barter exchanges do not need to be licensed under the CA Money Transmitter Act. Commissioner Owen and Senior Counsel Rumberger based their opinion on the following important points; 1) Since barter exchanges act as third party record keepers, they do not "receive money for transmission", 2) barter exchanges are not an "issuer of stored value", and 3) barter exchange trade credits are not redeemable for cash. 

Click HERE to read the CDBO's June 26, 2014 opinion letter to IRTA.

IRTA President, Annette Riggs reiterated the importance of the CBDO's opinion regarding barter exchanges not falling under the CA Money Transmitter Act by saying: 

"IRTA was assured from FinCEN last year that their advisory on Money Transmitter reporting requirements was not intended to include the barter industry. The recent reviews by various states has required us to pay close attention to how the state codes are being written. The response that IRTA received from the CBDO sets an important precedent and makes a clear distinction between the barter industry and the growing crypto-currency sector that is required to meet reporting requirements as Money Transmitters. All member agreements and methodologies that trade/barter exchanges use need to be in accordance with our status as 3rd party record keepers. The upcoming 35th Annual Convention in Cancun, September 25 - 27 will be a great opportunity to discuss this in detail and review the model contract that IRTA is revising to assure that exchanges don't compromise the legal status obtained in 1982 in the TEFRA Act." 

Newsflash!

JUNE 27, 2013 BULLETIN:
IRTA Assists Non-Profit Kenyan Complementary Currency Group Facing Forgery Charges  

 

Six members of the non-profit communitybased organization known as Koru-Kenya, were recently arrested and are facing seven years in jail on forgery charges resulting from the creation of a complementary currency called Bangla-Pesa. 

Continue Reading

Sign the the CCSConf Petition

Contribute to the Kenyan Bangla-Pesa Program

View Blog Articles

Newsflash!

AUGUST 25, 2013 BULLETIN:
Charges Against Bangla-Pesa Dropped

 

The Kenyan Director of Public Prosecutions announced on August 23, 2013 that all charges against the Bangla-Pesa poverty reduction complementary currency program.

IRTA played an important role in the appeal process with the submission of Annette Rigg's June 4, 2013 letter to Kenyan government officials in support of the Bangla-Pessa program as "perfectly acceptable and legal form of commerce" that would "facilitate more exchange within the Bangladesh community and help the local economy.

Read the Announcement About the Charges Being Dropped

View Letter from IRTA's President Annette Riggs

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