IDT Corp.
Provider of fintech and communications solutions, including a point-of-sale and payment processing platform for independent convenience and retail stores.
From the annual report
IDT is a provider of fintech and communications solutions focused on certain under-served consumer and business-to-business, or B2B, markets. Our offerings are built around a common core of strategic assets, and we seek to maximize the synergies among them while integrating AI-powered functionalities, where practical, to achieve consistent growth and profitability. IDT’s key businesses are: National Retail Solutions (NRS ): Operates a leading point-of-sale, or POS, terminal-based platform for independent retailers in the United States and Canada including convenience stores, bodegas, liquor stores, small-format grocery stores, and tobacco stores. NRS’ purpose-built integrated POS hardware and software solutions enable these stores to operate more effectively. Through its NRS Pay-branded payment processing offering, NRS enables these retailers to accept and process credit, debit, and electronic benefit transfer payments. NRS’ nationwide network of customer-facing screens and its transaction data and analytics provide advertisers and marketers with unprecedented reach and insight into urban, multi-cultural consumer markets across the United States. NRS' software enables retailers to access differentiated services, including integrations with leading online ordering and delivery platforms; BOSS Money: Provides international and domestic money transfers and other fintech-based services to customers in the United States.
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