Question 1

Who can use OctetPay?

Accepted Answer

Health and dental practices and practitioners can apply, provided they meet Octet's credit criteria. This includes Health & Dental (GPs, dentists, pharmacists, veterinarians, specialists, and allied health).

Question 2

How do I sign up?

Accepted Answer

You can simply register online by providing: business entity, ABN, state, occupation, contact details and links to your practice or supplier. You can also contact a healthcare finance specialist at Octet to discuss terms. All applications are subject to Octet’s terms & conditions and privacy policy.

Question 3

What is the credit limit?

Accepted Answer

Octet may provide a working capital facility of up to $200,000, depending on your business profile*.

Question 4

How do the repayments work?

Accepted Answer

At the end of the agreed credit period, Octet direct debits your nominated bank account. Terms are flexible and you choose the number of credit days up to 30.*

Question 5

What about approval and paperwork?

Accepted Answer

The process avoids lengthy approval procedures. For example, many licenced health practitioners are pre-approved with minimal documentation, though larger or complex facilities may require more checks.

Question 6

How does OctetPay work in practice?

Accepted Answer

Octet issues a working capital facility of up to $200,000*. You use it to pay supplier invoices or other business expenses via the Octet Wallet. Payments are paid overnight, depending on the time the payment request is submitted. You repay Octet at the end of the agreed term.

Question 7

What can I pay with OctetPay?

Accepted Answer

Eligible payments include: Supplier invoices and consumables Payroll and contractor payments Tax & BAS (business activity statements) Any other business expenses

Question 8

What rewards can I earn?

Accepted Answer

You can earn up to 1 Qantas Point^ or Velocity Point† per dollar spent on eligible payments. You can choose with program to link to your account. Health and dental practices can receive 200,000 bonus Velocity Points when you spend $50,000 each month for the first 4 months from account activation. Bonus Points credited within 60 days after qualification. Health and dental practices could also be eligible to receive Velocity Platinum Status on your one-year anniversary if they maintain $100,000 spend each month for 12 months from account activation. Status awarded within 60 days of qualification.*

Question 9

Why use OctetPay?

Accepted Answer

It gives you working capital flexibility, keeps cash flow healthy, and lets you earn frequent flyer rewards on everyday business expenses.

Question 10

Can I earn unlimited airline rewards points?

Accepted Answer

Yes. There’s no cap on the number of Qantas Points^ or Velocity Points† you can earn through eligible OctetPay transactions. Your total depends on how much you spend using your facility. The more you pay through OctetPay, the more points you earn.

Question 11

* Program Eligibility Criteria

Accepted Answer

Offer available to approved customers only. An approved line of credit available up to $200,000, subject to lending criteria. Earn up to 1.125 Qantas Points or Velocity Points per $1 spent on eligible business expenditure. Health and dental practices receive 200,000 bonus Velocity Points when you spend $50,000 each month for the first 4 months from account activation. Bonus Points credited within 60 days after qualification. For health and dental practices, if you m aintain $100,000 spend each month for 12 months from account activation to receive Velocity Platinum Status on your one-year anniversary. Status awarded within 60 days of qualification. A valid Velocity Frequent Flyer membership is required. Velocity Points and Status are subject to the Velocity Frequent Flyer Terms & Conditions. Offer ends 30 June 2027 and may be amended or withdrawn at any time. Not transferable or redeemable for cash. Full product terms, fees and lending conditions apply. Please consult your dedicated Octet Representative for full Terms and Conditions. For more detail about how we handle your personal information, please read our Privacy Policy.

Question 12

^Qantas Terms & Conditions

Accepted Answer

A business must be a Qantas Business Rewards Member to earn Qantas Points for business. A one-off join fee of $89.50 usually applies, however this will be waived for Octet customers. Fees are inclusive of any applicable GST and may be varied by Qantas from time to time, without notice, in its absolute discretion. Membership and Qantas Points are subject to the Qantas Business Rewards Terms and Conditions . Qantas Points for business are offered under Octet Finance Pty Ltd’s Terms and Conditions . Any claims in relation to Qantas Points under this offer must be made directly to Octet Finance Pty Ltd by speaking to your account manager. Qantas Points will be credited to the Members’ Business Rewards account within 14 days after the end of the month in which Octet has received the amount receipted. Available to Octet members only and subject to the minimum spend thresholds as individually advised by Octet. Qantas Points will not be awarded for a facility agreement which has been terminated. A member must select if they want to enter into the Rewards Scheme at the time of entering into the Facility Agreement. Membership of the Reward Scheme is not a default benefit of having an Octet facility. Classic Flight Rewards are available on Qantas, Jetstar and partner airlines. Availability is limited. Qantas Points values and prices are correct as at 27 May 2022, but may vary at the time of booking. Search Qantas Classic Flight Rewards for more information. Check travel restrictions: Before travel, ensure you check the latest government travel requirements, which may include mandatory health declarations, use of face masks, entry permits, pre-approval and quarantine (possibly at your own expense), or you could be denied entry.

Question 13

†Velocity Terms & Conditions

Accepted Answer

To be eligible to earn Velocity Points for your business you must be a current Virgin Australia Business Flyer member. “Member” means any person who holds a valid ABN and whose application for membership of the Virgin Australia Business Flyer Program has been accepted and whose membership has not been closed, cancelled or terminated in accordance with the Virgin Australia Business Flyer Program Terms & Conditions. Virgin Australia Business Flyer Membership and Points earn are subject to the Virgin Australia Business Flyer and Velocity Frequent Flyer membership Terms and Conditions (as applicable), and any changes to Member benefits and features will be governed by those terms and conditions. It is the business’s responsibility to sign up as a Member (if it is not a current Member). Velocity collects and handles your personal information in accordance with its Privacy Policy , and Virgin Australia Business Flyer collects and handles your personal information in accordance with its Privacy Policy. The Reward Seat base fare is payable in Velocity Points, and taxes, fees and carrier charges are payable in addition to Velocity Points redeemed for the base fare. Reward Seats are limited and may not be available at the advertised lead-in Reward Seat base fares, at peak times or on all flights. Reward Seat bookings must be made on the Virgin Australia website by selecting “Use Points”. Reward Seats and associated charges are not eligible for Points earn. Payment surcharge may apply. You can change or get a refund for your booking by paying a fee and any fare difference, at least 24 hours before scheduled departure. You may also request a refund for other reasons, including under the Australian Consumer Law. View the Velocity Reward Seat fare rules for more information. Some flights may be operated by a partner airline. Different baggage allowances and conditions may apply to these flights. Full terms and conditions at www.velocityfrequentflyer.com . Virgin Australia Business Flyer Members can redeem Velocity Points for a Reward Seat with Virgin Australia and many of our international airline partners after transferring points to an individual’s Velocity Frequent Flyer account. With the following partners, you can book Rewards Seats using Points directly online through the Virgin Australia website: Qatar Airways, Singapore Airlines, Air Canada, United Airlines and ANA. Virgin Australia and partner flights are subject to availability. Velocity Points value are a guide as of 12 August, 2025 and are subject to change. To redeem points, Virgin Australia Business Flyer Account Administrators can transfer Velocity Points for their business to the account of an individual Velocity Frequent Flyer Program Points, provided that: • At least 3,000 Points are transferred per transfer; and • Points are only transferred to an individual directly employed or contracted by the Member. Conditions for Virgin Australia flights between Australia and Doha (VA1 – VA29) operated by Qatar Airways for Virgin Australia: • The Points required for a Reward Seat will be based on the total miles for all sectors in a one-way journey, except where there is a break in the journey. Where there is a break in the journey, the Points required is calculated on a per sector basis. A break in the journey includes: (a) a stopover, which means: (i) in an Australian domestic itinerary, a break of journey at an intermediate point when onward travel does not take place on the same calendar day; and (ii) for all other itineraries, including those containing a domestic to international connecting flight, when a passenger arrives at an intermediate point and is not scheduled to depart within 24 hours of arrival; (b) a change in class of travel within the journey; (c) a change in operating airline where the airlines are located in different Reward Seat Points tables; or (d) a Virgin Australia long haul international itinerary connects to a Virgin Australia domestic flight. • For Reward Seat bookings where a Virgin Australia flight between Australia and Doha connects with a Qatar Airways flight as part of the same booking, this will not be considered as a trip break and the minimum number of Points required to book outlined above will apply. Taxes, carrier charges and applicable fees start from $16.95 and are payable at the time of booking, in addition to the Points required. These charges vary depending on carrier, city pair, fare class date and time of booking and are subject to change. Carrier charge quoted exclusive of GST. The carrier charge will attract the 10% Australian Goods and Services Tax (GST) an all-Domestic itinerary. GST is not payable on carrier charges for Australian Domestic flights as part of international bookings. • Premium Economy is not available on Virgin Australia Domestic and International Short-Haul flights. Premium Economy is available on Virgin Atlantic and Singapore Airlines. • Qatar Airways carrier charges are payable in addition to the Points required, these are quoted at the time of booking and are subject to change. • Singapore Airlines Carrier charges are payable in addition to the Points required, these are quoted at the time of booking and are subject to change. For Reward Seats ticketed from 21 January 2025 they will be according to the new Points and Carrier Charge redemption tables. • Carrier charges are payable for Virgin Australia flights operated by Qatar Airways in addition to the Points required. These carrier charges are quoted at the time of booking and are subject to change. The Qatar Airways’ carrier charges stated are applicable per segment flown for adults, children and infants occupying a seat. Infants not occupying a seat pay 10% of the Adult Segment charge (rounded to nearest USD amount). The Velocity Points amounts referenced in the “Where could your points take you” table are a general guide only. For more information and Virgin Australia’s destinations please visit Rewards Seats or the Virgin Australia Mileage calculator to see how far you could go. Velocity members can redeem their Points with selected International Airline Partners. Available routes and travel dates vary by airline. To explore Virgin Australia’s network of Airline Partners and learn more click here.

Question 14

Indicative Rates & Fees

Accepted Answer

From 5 to 30 days credit term and up to 1 Velocity reward points per $1 repaid: 1.80% + GST From 5 to 30 days credit term and 1 Qantas reward points per $1 repaid: 1.98% + GST Annual Fee: up to $500 based on selected term and points earn rate ~Subject to final application approval

Smart financing and rewards for your health or dental practice.

Why practices choose OctetPay.

Earn points on practice spend

Built-in flexibility

One platform for all your payments

200,000 Velocity Points.

Built for different types of practices.

The cash flow reality facing health and dental practices.

Not a health or dental practice?

Are you a Certified Practicing Accountant?

Are you a franchise network executive?

From cash flow gap to rewards in 4 simple steps.

Register your practice

Set up your Wallet

Make payments

Repay and earn points

Turn practice spend into travel rewards.

Simply want to use your credit or debit card to pay suppliers?

The platform behind OctetPay.

Next-Gen Digital Wallet

Advanced International Payments & FX

Quick Approval. Less Hassle.

Secure Payments

Bank-Grade Security

The numbers tell one story. Our customers tell a better one.

“Our Partnership with Octet has been really important for the growth of our business. It takes a lot of expense to launch new brands to market and continue to innovate. Octet have proven for over a decade to be the right finance partner for us.”

Questions?
We have answers.

Eligibility & Getting Started

Credit Facility & Repayments

Payments & Cash Flow

Rewards & Benefits

Important Information

Smart financing and rewards for your health or dental practice.

Why practices choose OctetPay.

Earn points on practice spend

Built-in flexibility

One platform for all your payments

200,000 Velocity Points.

Built for different types of practices.

The cash flow reality facing health and dental practices.

Not a health or dental practice?

Are you a Certified Practicing Accountant?

Are you a franchise network executive?

From cash flow gap to rewards in 4 simple steps.

Register your practice

Set up your Wallet

Make payments

Repay and earn points

Turn practice spend into travel rewards.

Simply want to use your credit or debit card to pay suppliers?

The platform behind OctetPay.

Next-Gen Digital Wallet

Advanced International Payments & FX

Quick Approval. Less Hassle.

Secure Payments

Bank-Grade Security

The numbers tell one story. Our customers tell a better one.

“Our Partnership with Octet has been really important for the growth of our business. It takes a lot of expense to launch new brands to market and continue to innovate. Octet have proven for over a decade to be the right finance partner for us.”

Questions?We have answers.

Eligibility & Getting Started

Who can use OctetPay?expand_more

How do I sign up?expand_more

Credit Facility & Repayments

What is the credit limit?expand_more

How do the repayments work?expand_more

What about approval and paperwork?expand_more

Payments & Cash Flow

How does OctetPay work in practice?expand_more

What can I pay with OctetPay?expand_more

Rewards & Benefits

What rewards can I earn?expand_more

Why use OctetPay?expand_more

Can I earn unlimited airline rewards points?expand_more

Important Information

* Program Eligibility Criteriaexpand_more

^Qantas Terms & Conditionsexpand_more

†Velocity Terms & Conditionsexpand_more

Indicative Rates & Feesexpand_more

Questions?
We have answers.