Get Started

Sep 25, 2019 | News Releases

IODM Limited and Western Union Collaborate with Reciprocal Referral Agreement

Arrangement will initially focus on the APAC and UK regions with the potential for further expansion into other global regions.

Leading accounts receivable and operational efficiency solution company, IODM Limited (ASX: IOD) (“IODM”), is pleased to provide an update to the relationship established and previously announced.

On the 13th December 2018, IODM announced a collaboration and strategic partnership with a Financial Services company based in the United States, providing the ability to introduce potential clients to the company’s solutions.

We are now pleased to announce that Western Union, a global leader in cross-border, cross-currency money movement and payments, and IODM Limited have entered into a reciprocal referral arrangement that will initially focus on the APAC and UK regions with the potential for further expansion into other global regions.

IODM’s product works well with Western Union Business Solutions’ platform to provide clients with an efficient way for processing payments. IODM anticipates that this will be a meaningful step in advancing its brand awareness program and that the arrangement will be mutually beneficial to both companies.

IODM CEO Mark Reilly commented, “This is an exciting day for us as it gives further validation for the products that we offer. Our staff and officers have worked hard to make this achievable in a short space of time and I thank Western Union Business Solutions for the professional manner that they have displayed, underlining why they have been one of the most dynamic and innovative companies for the past 168 years.”

Australian and New Zealand Managing Director of Western Union Business Solutions, Neil Graham, commented, “We are thrilled to formalise our partnership with IODM. By leveraging our solutions and ongoing collaboration, we look forward to combined growth and expansion in the region.”