Octet is a new generation international and domestic transaction financing
solution using a trade loan to facilitate a rapid exchange of funds between
buyer and seller. The uniqueness of the Octet concept is that it creates a
global closed community business-to-business process for the exchange of
information that enables transaction finance for domestic and international
All communications between the Seller and the Buyer are transacted via the
Internet through a secure portal specifically developed by Octet. It is a web-enabled
financing mechanism that uses digital certificates stored on
smart cards for user authentication and digital signatures for
documenting transaction authorisation.
We believe that the matching approval system in our Portal is the “unique”
feature, as it requires a series of client interactions from both sides of the
transaction. It is therefore different from a Visa or bill paying system as it
progresses through a series of authorising steps all of which are electronic.
This acceleration of the working capital cycle facilitated by Octet enables
both domestic purchasers and domestic sellers to expand their business
activities and grow accordingly.