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IDT Welcomes BOSS Money 

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IDT Corporation (NYSE: IDT) has rebranded its digital international remittance service to BOSS Money.

The new branding reflects its growth and innovative features aimed at enhancing cross-border financial transactions. The BOSS Money App has received high customer ratings (4.8 and 4.7 stars) and offers first-time users free transfers up to $300. With remittance services available to over 40 countries and mobile top-ups in 160 countries, IDT continues to expand its global value transfer network.

Positive
  • Rebranding to BOSS Money aligns with growth and innovation in digital remittances.
  • High customer satisfaction reflected in App ratings of 4.8 and 4.7 stars.
  • First-time users can transfer up to $300 for free, attracting new customers.
  • Services available to over 40 countries, enhancing market reach.
Negative
  • None.

The New Brand for IDT’s Popular Digital Money Transfer Service

Newark, NJ, Nov. 08, 2021 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications and traditional communications services, today unveiled BOSS Money, the new brand for IDT’s popular digital international remittance service.

BOSS Money has grown rapidly in the past few years and continues to innovate with exciting new features and more destinations around the world. To better reflect the significant changes in our service, we have updated our brand identity with a new name and next generation logo. BOSS Money succinctly encapsulates our established and trusted BOSS Revolution brand while highlighting our focus on cross-border financial transactions,” said Jessica Poverene, IDT’s EVP of Marketing.

BOSS Money remittances and IDT’s rapidly growing mobile top-up are available on the BOSS Money App. The free App has earned exceptional praise from customers, garnering 4.8 and 4.7 star ratings out of 5 on the App Store and Google Play, respectively.

First time users can try the money transfer service in the BOSS Money App for free when sending up to $300. The App also features an overview of competitors’ fees and exchange rates, enabling senders to see their savings when sending funds with BOSS Money.

IDT continues to build out its global value transfer network. BOSS Money remittances are now available from the U.S. to over 40 popular destination countries, with over 325,000 points of payment in Latin America, the Caribbean, Africa and Asia. IDT’s mobile top-up service now provides international top-ups to recipients in over 160 countries, representing the substantial majority of the world’s 5+ billion mobile users.

About IDT Corporation:

IDT Corporation (NYSE: IDT) is a global provider of fintech, cloud and traditional communications services. We make it easy for families to communicate and support each other across international borders. We also enable businesses to transact and communicate with their customers with enhanced intelligence and insight.

Our BOSS Money branded international remittance service and BOSS Revolution branded international calling service make sending money and speaking with friends and family around the world convenient and reliable. National Retail Solutions’ (NRS) point-of-sale retail network enables independent retailers to operate and process transactions more effectively while providing advertisers and consumer marketers with unprecedented reach into underserved consumer markets. net2phone’s unified communications as a service solution provides businesses with intelligently integrated cloud communications and collaboration tools across channels and devices. Our IDT Carrier Services and IDT Express wholesale offerings enable communications companies to provision and manage international voice and SMS services.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

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FAQ

What new brand has IDT introduced for its digital money transfer service?

IDT has introduced the brand BOSS Money for its digital international remittance service.

What features does the BOSS Money App offer?

The BOSS Money App offers free money transfers for first-time users up to $300 and provides an overview of competitors’ fees and exchange rates.

How many countries can users send remittances to using BOSS Money?

Users can send remittances to over 40 popular destination countries with BOSS Money.

What are the ratings of the BOSS Money App?

The BOSS Money App has received ratings of 4.8 stars on the App Store and 4.7 stars on Google Play.

What is the significance of the rebranding to BOSS Money for IDT?

The rebranding signifies IDT's growth and innovation in the digital remittance market, focusing on cross-border financial transactions.

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