Qoin offers SME's the opportunity to do business through payment with products or services. An online bank account allows entrepreneurs in the Qoin business network to use each others expertise (in part) without the use of regular Euros. This facilitates new business, reduces costs (in Euros) and increases turnover and profits. A bartering programme such as this one is a new and advanced way of using online banking within a network. In the current economic situation a system like Qoins Sustainable Payment becomes more and more attractive. The New York Times dedicated an article ‘The Cash - Strapped turn to barter' to this subject.
Worldwide there are approximately 750 business networks and exchange systems with their own mean of payment, through which 400,000 companies do business with each other, creating an economy of over $ 200 million a year. Qoin allows you to address these businesses.
For whom is this meant?
Every entrepreneur paying attention to CSR can join the online community. Because many SME's already practice some CSR, often without knowing it, it is possible for many companies to join our network. Qoin does not rule out anybody, for even the smallest start is worthwhile. Doing business in the network creates purchase power, which cannot leave the network. Participants are therefore stimulated to do business within the network, increasing the number of new clients and contributing to more sustainability in organisations.
