IDT Corporation
New York Stock ExchangeRecent
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- IDT Corporation delivers essential communications and financial transaction services globally. The company structures its diverse offerings across several key operational areas: Fintech, net2phone (Unified Communications as a Service), and Traditional Communications. The Fintech segment provides international money transfer and related payment services through its BOSS Money brand, which is increasingly driven by its digital platform for seamless remittances. This segment also encompasses National Retail Solutions (NRS), a comprehensive point-of-sale network that equips independent retailers with store management tools, payment processing solutions like NRS Pay, digital advertising capabilities, and valuable transaction data. NRS has recently expanded its reach, surpassing 35,000 active terminals and introducing integrations with major food delivery services, along with plans for digital coupon partnerships. Within the net2phone-UCaaS segment, the company offers cloud-based communication services for businesses, including robust VoIP phone systems, video conferencing, messaging, and advanced Contact-Center-as-a-Service solutions. net2phone recently launched a HIPAA-compliant AI agent solution tailored for the healthcare sector, reflecting its ongoing investment in AI-driven product innovation to enhance business communications. The Traditional Communications segment continues to facilitate global connections through services such as Mobile Top-Up, allowing transfers of airtime and data bundles to mobile accounts worldwide. It also includes BOSS Revolution Calling, a long-standing international voice service, and IDT Global, which acts as a wholesale provider for international voice and SMS termination, alongside offering outsourced traffic management to telecommunication carriers. This segment has also seen growth in its IDT Digital Payments business. Headquartered in Newark, New Jersey, IDT Corporation was established in 1990 and continues to evolve its portfolio, achieving record financial results in its fiscal year 2025 by focusing on its high-growth, higher-margin segments.
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