About ITEX
For more than 25 years, ITEX Corporation (OTC: ITEX) has helped tens of thousands of businesses generate new sales, conserve precious cash flow and increase profits. With our leading payment technology platform for processing cashless business transactions and our exclusive distribution channel, member businesses utilize our digital currency "ITEX dollars" to exchange goods and services, rather than use cash. ITEX Corporation is based in Bellevue, Washington, and has three corporate divisions:
The Membership Trading CommunitySM
The Membership Trading CommunitySM is a marketplace for B2B cashless transactions across North America. ITEX processes more than $100 million a year in Gross Merchandise Value (GMV) across 24,000 member businesses and 90+ franchisees and licensees. We offer unique member benefits for increasing sales and reducing costs:
- ITEX Trade Directors help you generate new customers by advertising your business to other ITEX members and will assist you with your purchasing needs;
- ITEX dollars are used to buy and sell products and services among members instead of spending cash;
- Record keeping services for expediting and simplifying the transaction process with 24x7 online account access.
ITEX Media Services provides an 'in kind' payment option for funding media campaigns for travel and hospitality businesses. Our media trading platform includes a large inventory of advertising credits, with such brand names as:
- Business Week
- CFO Magazine
- CNET
- Forbes
- Signal Outdoor
Web Services
ITEX Web Services offers our proprietary online web interface and client relationship management platform (CRM). Our web interface can be customized and branded for a variety of online marketplaces or communities. Our platform is unique in its ability to track both cash transactions and those based on non-cash currencies, such as rewards, points or other consideration a vendor may decide to use. Included with the platform are billing functionality, data analysis and other offerings, as well as related hosting services.
Our technology platform provides many features and benefits including, but not limited to:
- Enhancing the value proposition and revenue streams for an online or offline marketplace or community;
- Customer Relationship Management (CRM) software;
- Payment processing, record-keeping, and billing functionality.
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| "With ITEX I can pay for things that ordinarily wouldn't be practical during slow times. Working with ITEX Members is nice, they are business owners like me and since they want to spend their ITEX dollars, it's a much easier sell." | ||
| - Patricia Doyle Owner of M.G. Floral |
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| "ITEX has helped me connect with the exact customers we want - from Florida to California - that we wouldn't have had any other way. ITEX has also helped us pay for real business expenses with ITEX dollars instead of cash." | ||
| - Nick Owner of a commercial printing business |
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