Octet gives more importers more reasons to deal with you.
Octet helps your business to export to overseas buyers . Octet is a ‘closed community’ trading network. Octet provides your overseas buyers with high account limits, giving them ready access to large amounts of credit with which they can trade with you.
With Octet' Direct Payment option, as soon as you've completed an order for a buyer on the Octet network, Octet pays you in full. Octet then recovers payment from the importer at a later date. So, you get paid quickly, but that's not all. Because your overseas buyers have the benefit of large amounts of interest-free credit (rather than the cost of financing each transaction themselves), they may be able to increase the size and frequency of their orders with you.
Once you’ve become an Octet cardmember – which is free of charge and without obligation - you can export goods to any buyer in the Octet network. We encourage your current overseas buyers to join the Octet network, and new overseas buyers will also be able to deal with you as part of a risk-free, secure network.
There’s no need for you to require bank Letters of Credit to protect you against credit risk. There’s no need for you to tie up your assets to provide your overseas buyers with credit terms. Octet creates an unsecured, interest-free line of credit between you and your Australian overseas buyers, 24 hours a day, 7 days a week. That’s more power to trade, with less risk and expense for you.