SEATTLE--(BUSINESS WIRE)--BizX today announced that the International Reciprocal Trade Association (IRTA) would grant President, CEO and Co-Founder, Bob Bagga, its 2015 Hall of Fame Award. Bagga will be honored at IRTA’s 36th annual international convention at the Solmar Resort in Cabo San Lucas later this year.
The IRTA is a non-profit organization committed to promoting just and equitable standards of practice and operation within the modern trade and barter and other alternative capital systems industry, by raising the awareness and value of these processes to the entire global community.
Bagga has spent more than 20 years championing the barter industry, starting his first company, Barter Business Exchange (BBE), when he was just 22 years old. Bagga then went on to co-found BizX in 2002, which has grown into the leading trade exchange on the West Coast. Inc. magazine named BizX one of the fastest growing companies in the U.S. seven different times, recording revenue of over $14 million in 2014.
Bagga has been extensively involved with IRTA, serving on the board and holding numerous positions including chair of the certified broker training (CBT) committee, convention committee, vice president and treasurer.
Bagga was also a part of the IRTA board that worked to create the universal currency (UC) system. In 2005, IRTA recognized Bagga’s many contributions and accomplishments by giving him the Outstanding Achievement Award.
“There is a tidal wave of change coming in financial services and what BizX has been doing is on the cutting edge. IRTA and its members are early pioneers in this space and have been instrumental in the education and promotion for the industry,” said Bagga. “This award is a testament to the amazing BizX team and its incredible community of members. It’s truly an honor to be recognized and I look forward to many more years working with IRTA.”
BizX is a community of businesses and consumers that can buy and sell amongst each other using BizX dollars rather than US dollars. The BizX Marketplace has nearly 4,000 businesses as members that are conducting more than 7,300 transactions per month. For more information, or to join the BizX Marketplace for free, visit my.bizx.com/Registration.
BizX is a service of BizXchange Inc. and is a trusted community of businesses that uses a private digital currency called BizX dollars, in lieu of US dollars, to buy and sell products or services on the BizX e-commerce site. BizX members offer their products or services for sale on BizX.com, which allows them to increase sales, attract new customers, save cash, increase profits and sell excess inventory. Founded in 2002, BizXchange has offices in Seattle, San Francisco and Dubai. For more information, visit BizX at http://www.BizX.com.