IMS announces e-statements and online bill-pay option

International Monetary Systems, Ltd., a provider of business-to-business barter services, announced that it had launched a new electronic monthly statement notification with online bill-pay option. International Monetary Systems (IMS) serves 17,500 businesses representing 23,000 cardholders in 50 North American markets. The company's proprietary transaction clearing software, Trade Network Tracking (TNT) System, enables businesses and individuals to trade goods and services online using an electronic currency known as trade dollars.

Dale Mardak, Senior Vice President of IMS, commented: “This new capability is in line with so many others that IMS has launched in recent months. It provides members an immediate notification of their monthly statement that shows their trading activity for the month and the fees associated with it. It also gives members the chance to link to important features of their membership such as the online barter marketplace and travel center.” 

John Strabley, Executive Vice President of IMS, commented: “This is an evolutionary step towards becoming a company that uses less paper and more innovation. The link to online statements is one of many such advances that IMS will be making this year.”