Official Statement

To our valued members, partners, and the Canadian business community,

We are issuing this statement to correct false and misleading information published by the U.S.-based company Tradebank, which claims “BarterPay is Now Tradebank of Canada.” This is a deliberate attempt to confuse the public as at no level is BarterPay currently affiliated with Tradebank.  The page with the false statement has been taken down but it still has trails in AI responses on the status of BarterPay and Tradebank.

We believe in transparency, so we want to provide the complete facts.

1. Our Past Affiliation: From 1996 until 2018, our company (formerly Tradebank Inc.) operated as a master franchise for the U.S.-based Tradebank network in Canada.
2. A Formal Separation: In 2018, we formally and amicably ended this relationship by agreement. We secured the right to operate as a completely independent entity under our own Brand and banner, with our founder, staff, Canadian franchisees and members remaining with us, as they have always been. It is important for our members to know that their contracts have always been with our Canadian company. Furthermore, we have been operating on our own proprietary software platform since 2013, well before our formal separation.
3. Our Independent Present: Since that separation, we have been proudly operating as BarterPay. We are a 100% Canadian-owned and operated company. We have no business, operational, or financial affiliation with Tradebank. The accounts, Barter Credits™, and the integrity of our trading network are exclusively managed by us here in Canada.

The claim that we are now Tradebank of Canada is false. We are BarterPay—a distinct, separate, and proudly Canadian brand dedicated to the success of our members.

We are taking this matter seriously and are committed to protecting our brand and our members from this misinformation. Thank you for your continued trust and support.

Sincerely,

The BarterPay Team