27th September 2016

BPS adds to total of US franchises


Technology platform provider BPS Technology continues to push into the US, signing six new franchises in a month. 

BPS, which owns Bartercard, the world’s largest trade exchange, said the signings represent a record-breaking month for the group. 

It now has 18 US franchises.

Southport-based BPS said the new franchises were in California, Virginia and Georgia.  Its global trade exchange business, Bartercard, now has a presence in eight US states.
paul bolte (BCUSA) (2) (002)-790
Bartercard USA President and CEO Paul Bolte


Bartercard US President and chief executive Paul Bolte said BPS planned to expand the Bartercard network to open doors to more American small and medium businesses. 
The eight US states now covered by Bartercard “accounted for a quarter of the nation’s economic growth”.
BPS Technology chief executive Trevor Dietz said North America represented a significant opportunity to expand its business base. 
Mr Dietz said the US expansion of Bartercard was a key driver of the growth of BPS, which achieved record levels of new monthly members in August. 

Source: Gold Coast Bulletin Page 27
Published: 27.9.2016