IDT Corporation IDT

IDT Company Overview

IDT Corporation is a U.S.-based telecommunications and fintech holding company that operates across communications, payment services, and infrastructure-related technology businesses. The company primarily serves consumer and enterprise markets through voice communications, international remittance, cloud communications, and network infrastructure solutions. IDT operates in industries including telecommunications, financial technology, unified communications, and payment processing, with revenue generated from prepaid and postpaid calling services, international money transfer services, business communications platforms, and technology-enabled infrastructure operations.

The company’s principal business lines include National Retail Solutions (NRS), net2phone, BOSS Money, and traditional communications services. net2phone provides unified cloud communications and Voice over IP (VoIP) solutions for businesses, while BOSS Money focuses on international remittance and digital payments. NRS provides point-of-sale technology, merchant services, and data solutions to independent retailers. IDT was founded in 1990 by entrepreneur Howard S. Jonas and initially focused on long-distance telecommunications services. Over time, the company expanded into fintech, cloud communications, and retail commerce technology through internal development, acquisitions, and strategic spin-offs.