BarterPay Partners with Retail Council of Canada on Trading Platform to Help Businesses

Canadian company BarterPay is announcing a partnership with the Retail Council of Canada (RCC) that will bring the RetailBarterPay trading platform to businesses across Canada. It’s part of an effort to support retailers at a challenging time amid lockdowns and consumer concerns.

Hamilton-based BarterPay is now providing retailers with access to a wide variety of goods and services without needing to use cash by trading excess or slower-moving inventory at no discount all through the RetailBarterPay platform. This can be in the form of hard goods or services that are monetized into BarterPay Barter Credits (one BarterPay Barter Credit equals one Canadian dollar for valuation, accounting, and tax purposes) which can be exchanged for any goods or services offered by other businesses who are also on the BarterPay network. BarterPay Barter Credits are recognized as a cash equivalent by the Canada Revenue Agency (CRA).

“Retailers across Canada are entering  the most challenging retail environment ever experienced. Many are showing incredible creativity in how they are rethinking their businesses. RetailBarterPay is an excellent complement to retailers’ efforts as it allows them to tap into their existing idle inventory at full margins to re-invest into other areas of their business where they need products and services right now, says Diane J. Brisebois, President and CEO Retail Council of Canada. “And, retailers will also have the confidence of knowing that by working through RetailBarterPay, the transactions are recognized at a dollar for dollar value by the Canada Revenue Agency (CRA). BarterPay offers a highly innovative and timely solution to today’s marketplace realities.”

Upon activation, Retail Council of Canada members will receive a $175 bill credit, compliments of RCC, special promotions as well as access to interest-free BarterPay Small Business Barter Loans.

“This partnership brings a unique opportunity for RCC members to conduct smart business using barter,” says John Porter, BarterPay Founder and CEO. “During a time when cash is scarce, it’s imperative that retailers adopt new ways to do business that improve their cash flow. Our user-friendly bartering system makes it easy for retailers of any size to barter their way to a better bottom line and at the same time, deliver more impact in the community. In addition, RCC’s RetailBarterPay  members have the option of donating Barter Credits in exchange for a charitable receipt administered by The BarterPay It Forward Foundation, the company’s charitable wing.”

Learn more at /

Article Author

Jessica Finch
Jessica Finch
Jessica Finch is a writer and editor based in Toronto. She holds a BA in English and Psychology and is a graduate of Ryerson University’s Publishing program. She has extensive managerial experience in the food service industry, and is interested in exploring innovations within this sector and other retail environments.

More From The Author

DX3 Canada Conference 10th Anniversary Edition: March 2-5

The highly-anticipated digital conference, which will be online this year, is welcoming registrants.

BarterPay Partners with Retail Council of Canada on Trading Platform to...

The RetailBarterPay trading platform provides retailers with access to goods and services without requiring cash, while facilitating trading of excess or slow-moving inventory.



Please enter your comment!
Please enter your name here


Photo Tour: The Ever-Changing Sherwood Park Mall in Sherwood Park, Alberta

The shopping centre in suburban Edmonton has seen new tenants replace old ones after the demise of Target in Canada.

Brick-and-Mortar Will Continue to Be Critical for Retail in Canada Post-Pandemic: Claude Sirois

The industry expert and former head of retail at Ivanhoé Cambridge conceptualizes a future where experiential physical retail will be harmonious with digital channels.

BRIEF: Daiso Opening 1st Corporate Store in Canada, Montecristo Jewellers Opening in Vancouver’s ‘Luxury Zone’

Other News: Grocer Rabba expands Paramount Fine Foods partnership, RW&CO celebrates entrepreneurship, UofT startup launches new shoe sizing technology.


* indicates required
Get Connected


International Retailers Continue to Enter Canadian Market Despite Pandemic [List/Analysis]

Retail Insider analysis of the international retailers that have entered Canada over the past 12 months as the industry looks to an uncertain future.

Canadian Footwear Brand Maguire Opens First Toronto Store

The Montreal company anticipates lower rents and as a result, plans to selectively open more locations while also significantly growing e-commerce.

Big Changes Coming for Canadian Grocery in 2021 and Beyond: Expert

Expansion of omnichannel development and greater use of predictive analytics and machine learning to help shape the grocery experience of tomorrow.
- Advertisement -
- Advertisement -
- Advertisement -