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General Marketing & Services (G.M.S) is a Lebanese company that acts locally and internationally, allowing offerors such as business owners to pay for items they want or need with their own products and services. G.M.S allows you to purchase needs and wants with a discount equivalent to your deposit, and guarantees you can get new business just by being a member of GMS’s purchasing network.
Example of Barter at G.M.S - G.M.S Member A has an aluminum factory - GMS Member B has a garments shop Member “A” needs to buy clothes, he visits Member “B” shop and buy the clothes he wants. The amount he bought with is for $300. GMS removes $300 from member “A’s” account and places them in Member “B” account. Now member “B” has an extra $300 in his account where he can use them to buy products from Member “A’s” business or from any other member in GMS’s network.
How to pay to members:
Every member receives a booklet with all the participating offerors in the network. Along with the booklet every participant will receive an GMS check book. When a buyer wishes to buy a good, he / she will therefore write a check to the seller. Later GMS’s team will collect the checks and GMS removes and deposits from one account to another.
Role of GMS:
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