IDT Corp. operates as a holding company. The company is headquartered in Newark, New Jersey and currently employs 1,690 full-time employees. The company went IPO on 2001-06-01. The firm enables families to connect, support and share across international borders. The company also enables businesses to transact and communicate with their customers with enhanced intelligence and insight. The firm operates through two segments. The Telecom & Payment Services segment provides retail telecommunications and payment offerings, as well as wholesale international long-distance traffic termination. Telecom & Payment Services segment comprises Growth and Core verticals. Growth includes two primary businesses, BOSS Revolution Money Transfer, and National Retail Solutions (NRS) point-of-sale (POS). Core includes its three communications and/or payments, BOSS Revolution Calling, Mobile Top-Up and Carrier Services. The netphone segment provides cloud communications and telephony services to business customers.