Universal Currency Clearinghouse Inc. (UC)
IRTA is thrilled to announce that the 2023 Convention will be held in beautiful Virginia Beach, Virginia starting on Monday, October 2nd, (check-in) to Thursday, October 5th, 2023, (check-out). Two adjacent oceanfront Marriott hotels will host the convention: The Four Points Sheraton and the brand new Moxy Hotel. NOTE: Attendees who are keen on staying at the new 4+ star …
Robin Maini of The Jim Pattison Group joins Caroline Macdonald on the BusinessX Podcast
IRTA CEO Ron Whitney has been interviewed on the BusinessX Podcast, hosted by Caroline Macdonald.
UC posted 1,009,494 of trading in March – making it the third straight month UC surpassed one million in 2022. Total trading for the first quarter was 3,260,780. Notable March Trade Sales: 315,000 Advertising Sales 50,0000 Jewelry Sales 125,000 Travel Sales Well done UC members! Thank you for helping make UC the finest inter-exchange platform in the barter & trade …
The IRTA Global Board of Directors has elected long-time barter industry veterans for the top officer positions in IRTA. Annette Riggs, iTrade Colorado Founder and member of the Barter Hall of Fame was elected Chairman of the IRTA Global Board of Directors. Robin Maini, International Trade Director for The Jim Pattison Group and Legend of Barter was elected Vice-Chairman of …
IRTA has signed an agreement with a top-10 ranked virtual event software company – pathable.com – to host our September 23rd to 25th, 2020 virtual convention. The virtual convention will take place four hours a day, three days in a row, and include a welcome reception, trade fair and awards ceremony. The #1 virtual event software review company, capterra.com, says …
Trade Exchanges Adapt & Innovate to Meet Their Members’ Needs During Covid-19 Pandemic The Covid-19 virus is clearly the biggest health and economic challenge of our lifetime. There is no doubt that the effects of state mandatory shutdowns for non-essentials businesses will negatively impact our trade volume. These are difficult times for everybody. But the good news is many exchanges …
UC set a new all-time annual trading record in 2019 by recording 14,527,758 of inter-exchange barter transactions! UC averaged more than 1.2 million of trading per month for 2019. To get a sense of UC’s growth, ten years ago UC did 5.3 million of annual trading. UC’s trade volume has almost tripled in ten years! A special thanks to our …
IRTA Punta Cana Convention Cancelled Due To Hurricane Dorian Sadly, the Executive Committee met this afternoon and decided that due to the projected path of Hurricane Dorian – the prudent move is to cancel this year’s convention. The category 4 hurricane is projected to hit Florida and the southeast U.S. on Monday night, Tuesday & Wednesday – most likely closing …
IRTA is pleased to release its program schedule for the upcoming 40th Anniversary Convention in Punta Cana – click HERE to review the program. The 3-night all-inclusive rooms are 100% on trade @ 700 UC per person! With check-in on Thursday, Sept. 5th, and check-out on Sunday, Sept. 8th, 2019. IRTA is also offering a fantastic discounted registration fee for …
April Hits New Mark of 1.53 Million in Trading! Universal Currency, (UC), the barter industry’s #1 inter-exchange trading platform, is on pace in 2019 to set an all-time annual trading record. In April of 2019 UC posted 1.53 million dollars of trading – the best April in UC’s 22-year history. UC has surpassed a million dollars of trading every month …
IRTA is proud to announce the Hard Rock Hotel & Casino in Punta Cana has been selected for our historic 40th Anniversary International Convention. The dates are Thursday, September 5th to Saturday, September 7th, 2019. Conde’ Nast gives the hotel its highest rating, “The Hard Rock Punta Cana’s all-inclusive hotel and casino exudes lavish five-star all-inclusive amenities and personal services …
Next year is IRTA’s 40th Anniversary of advocating for, educating, and protecting the international barter industry. IRTA’s lengthy and impressive achievements over the last four decades are well documented, you can review the full list by clicking HERE. IRTA’s membership continues to grow because trade exchanges recognize these top 5 benefits of IRTA & UC: 1) The industry’s most successful …
IRTA is pleased to announce this year’s 2018 Convention award recipients and thanks each of them for their valuable contributions to the barter industry. This year’s major award recipients are: David Wallach Outstanding Achievement Award Mary Ellen Rosinski, Tradesource Paul St. Martin Outstanding Achievement Award: Karen Welch, We Trade Network Legends of Barter Award: Ric Zampatti, The Barter Company Gary …
IRTA’s 2018 Bally’s Las Vegas Convention was full of energy from start to finish. One-third of the 100+ attendees were from new companies to the barter industry. Many have said it “was the best IRTA Convention ever!” Tanya Galdamez, from Crescent City says, “General Honore’s speech was invigorating and humorous. The seminars were super informative – and with no yawning! …
UC set a new all-time annual trading record in 2017 by posting 14,482,584 of transactions! 2017’s annual UC trading came-in 1,534,584 (11%) over the previous year’s trade volume. A special thanks goes to our UC International Broker, Patty Weston for a job well done! Additional thanks goes to all of our UC members who continually post quality products and services …
When Universal Currency, (UC), was formed in 1997, IRTA envisioned UC would serve the entire barter industry as a meaningful clearinghouse for trade exchanges to trade seamlessly with each other to better satisfy their clients’ needs, and increase their exchange’s trade volume. That vision has been achieved beyond IRTA’s wildest dreams, as UC’s month-in and month-out record-breaking trading volume continues …
UC finished the 1st Quarter of 2017 strong by recording 1,060,852 of barter transactions in March! All three months of the 1st quarter of 2017 were all-time monthly trading records for UC! UC’s 1st quarter record of 4,270,928 represents a 55% increase over last year’s 1st quarter results. “UC is providing real trading benefits to its participating exchanges at a …
Two Record Months in a Row! UC set a new all-time trading record for the month of February, 2017 by recording 1,350,398 of barter transactions! The prior record for February was 1,052,841, set in 2014. The new February 2017 total trade volume figure represents a 28% increase over 2014’s record number. When you add UC’s record January to February’s record …
UC set a new all-time trading record for the month of January by recording 1,859,677 of transactions in January of 2017! In 2016, UC recorded over 12,967,793 of trading – the highest annual trade volume in UC’s entire twenty year history! UC has clearly established itself as the most important inter-exchange trading platform in the barter industry. UC gives trade …
In 2015 UC recorded over 11 million in annual trading for the second consecutive year. With UC’s new customized software system, 2016 is expected to surpass 2015’s impressive numbers. Patty Weston, UC’s International Broker observes, “People are really taking to the new software, its easy to use and posting listings couldn’t be simpler and quicker.” Thank you to all our …
UC has been on its new customized software system for three months, and in each month on the new system we have set an all-time trading record. Total trading for the three month period, August through October of 2015 UC, was up 39% over that same three month period of 2014. Trading is expected to continue to increase even more …
Universal Currency (UC) Receives IRS Ruling Exempting It From 1099B Reporting Requirements Due to Clearinghouse Role of UC. Influences 1099B Reporting Requirements For Exchanges’ Internal Direct Recip Accounts IRTA’s global inter-exchange trading platform, Universal Clearinghouse Inc. (UC) received a Private Letter Ruling (PLR) from the IRS on January 8th, 2015 stating that: “UC does not have a reporting requirement under …
UC set an all-time annual trading record of 11,346,750 in 2014, (a 32% increase over 2013), and UC set an all-time monthly trading record of 1,372,659 in January of 2014. UC’s 2014 cash revenue was also up 21% over 2013’s revenue. These impressive results are a testament to the strength of UC. Thank you to all our UC members for …
LinkedIn Post on the “Think Barter” Group by Ron Whitney on December 3, 2014 Dear Ian: The IRTA Global Board of Directors and the managing body of Universal Currency, (The UC Committee), issued a report on October 4, 2014 that refutes Mr. Logie’s so-called GETS UC Audit Report, and concludes that UC is financially strong and setting trading and revenue …
UC Announces New Stimulus Program — 1,000 Trade Dollar Rebate to UC Members! UC has been setting new trading records virtually every month this year and UC/IRTA wants to keep the positive momentum going! UC has a trade dollar surplus because it operates as a zero-balanced based inter-exchange system and maintains a healthy loan-loss reserve fund. As a result, the …
