IDT
IDT Corporation is a multinational telecommunications and payment services company, known for its development of the Boss Revolution payment platform and various communication technologies.
History
IDT, founded in 1990, has evolved over the years to become a notable player in the telecommunications sector. Starting as a discount long-distance provider, the company expanded its services to include various communication and payment solutions. The company's history reflects a growth trajectory characterized by strategic acquisitions and innovative product development. IDT's expansion into international markets has further solidified its position within the industry.
Services
IDT offers a range of telecommunications and payment services. These include long-distance phone services, mobile top-up services, and payment solutions. Their offerings cater to both individual consumers and businesses, providing reliable and cost-effective communication options. Additionally, IDT's payment services facilitate international money transfers and bill payments, enhancing financial connectivity for users.
Sector
IDT operates primarily within the telecommunications and financial services sectors. The company provides global communication solutions which encompass voice, data, and mobile services. By diversifying into payment services, IDT has strengthened its presence in the financial sector, offering services that bridge the gap between telecommunications and financial transactions. This dual-sector operation allows IDT to innovate in creating integrated services that meet the evolving needs of their customers.
Founders
IDT was founded by Howard Jonas in 1990. Jonas envisioned a company that could provide affordable and efficient communication services. Under his leadership, IDT grew and diversified its offerings, expanding from a simple long-distance service provider to a multifaceted telecommunications and payments company. Howard Jonas' entrepreneurial vision and strategic direction have been instrumental in shaping the company's growth and evolution.