IDT Corp Cl B

Business Description

IDT Corporation is a Newark, New Jersey-based company founded in 1978 that serves customers across the United States, the United Kingdom, and beyond through four main business areas. The company helps independent retailers manage their stores and process payments, while also giving immigrants an easy way to send money abroad and make low-cost international calls through its BOSS Revolution and BOSS Money services. Its net2phone division provides cloud-based phone and contact center tools for businesses, including AI-driven customer service and employee coaching features. IDT also runs a digital payments platform called Zendit, which lets businesses and developers offer mobile top-ups, gift cards, and eSIMs, alongside a wholesale telecommunications service that handles international voice and messaging traffic for phone carriers worldwide.