IDT Corporation (NYSE: IDT) is a diversified holding company providing communications and payment services to consumers and businesses worldwide. Through its subsidiaries, IDT offers VoIP telephony under the Net2Phone brand, global remittance and prepaid mobile top-up solutions via BOSS Revolution, and specialized messaging and fraud-prevention services. The company leverages its network infrastructure and fintech capabilities to deliver seamless cross-border voice, data and payment experiences.
Founded in 1990 by Howard Jonas as International Discount Telecommunications, IDT originally built its reputation on discounted long-distance calls and prepaid telephone cards. With the mid-1990s launch of Net2Phone, the company became one of the first movers in consumer VoIP. Over subsequent decades, IDT has refined its focus through strategic divestitures and acquisitions, aligning its resources toward scalable, technology-driven solutions across telecommunications and financial services.
IDT’s payment and remittance platforms serve users in more than 70 countries, enabling money transfers, international airtime recharge and distribution of digital vouchers through both physical retailers and digital channels. These services support individual consumers, small businesses and large enterprises, facilitating cross-border commerce, digital financial inclusion and enterprise communications through unified APIs.
Under the leadership of Chairman and Chief Executive Officer Howard Jonas, IDT continues to invest in network modernization, cybersecurity and platform integration to address evolving market demands. With operations spanning North America, Latin America, Europe and Asia-Pacific, the company is poised to capitalize on its legacy in voice communications while driving growth in high-margin fintech and digital services.
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