January 16th, 2010
Barter site comes out of beta with a new design and unique features as visitor traffic increases thirty percent.
NEW YORK, January 16, 2010 – BarterQuest ( http://www.barterquest.com ), the leading online consumer and small business trading platform, today announced that it has come out of beta with the introduction of a new site design and enhanced features. The new features include account verification and points, a non-cash exchange currency. BarterQuest now has a unique combination of features to support online trading.
With more than 50,000 monthly visitors, BarterQuest attracts a continuously increasing number of visitors each month from USA, Great Britain, Australia and other parts of the world. There are 2,500 active trades on the site at any point in time.
To create a superior user experience, BarterQuest has enhanced the site to provide:
• Increased site security. BarterQuest encourages each user to verify their account. Users verify by successfully processing a one time nominal payment through their credit card or PayPal account. This is intended to better assure that your trading partners are who they say they are.
• Greater flexibility in completing trades. Points (one point = $1.00) can be used to equalize the value of trades or offered alone to acquire items on the site. Points are intended to provide users with greater flexibility in finding and completing trades in those cases in which both parties want what the other has, but there is a significant difference in the value of the items. Points become the equalizer. You can now trade four concert tickets plus 100 points for an iPod.
• More user friendly. The site was redesigned to be more uncluttered, intuitive and informative. There is more guidance offered on how to use the site. There is easier access to search options that allow users to tailor their searches geographically or by delivery alternatives. Importantly, the platform now facilitates the use of counter offers (in response to the offers you receive) as a way of negotiating trades.
“With the site out of beta and our re-launch with new features, BarterQuest is now the complete package,” stated Dr. Paul Bocheck, the President of BarterQuest. “We want to do everything possible to ensure a positive user experience. As a security feature, account verification is a significant step in that direction. We believe that account verification will be increasingly demanded in the Internet-based consumer market, and this is another opportunity for BarterQuest to lead the way in e-barter.
BarterQuest strives to provide its users with a superior online experience while increasing their trading opportunities. Although barter inherently involves the fair exchange of one item for another, there are cases involving a difference in the value of the items. When the difference cannot be bridged with additional items, points can solve the problem.”
BarterQuest is the online consumer and small business trading platform for the cashless exchange of all types of goods, services, and real estate (temporary use or permanent exchange). BarterQuest uses proprietary technology (patents filed) to instantly match the haves and wants of users for two party and multi-party trades. Barter is facilitated by a user friendly web design that is unique in its combination of features that support trading. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, visit http://www.barterquest.com.
Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.
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