IDT and Fiserv Announce Strategic Agreement to Expand Availability of International Calling Services and Walk-in Bill Payments

  IDT and Fiserv Announce Strategic Agreement to Expand Availability of
  International Calling Services and Walk-in Bill Payments

Business Wire

NEWARK, N.J. -- March 11, 2013

IDT Corporation (NYSE: IDT), a global provider of prepaid telecommunications
services, and Fiserv, Inc. (NASDAQ: FISV), a leading global provider of
financial services technology solutions, today announced a strategic agreement
to expand the availability of the Boss Revolution^® international calling
service from IDT and the CheckFreePay^® walk-in bill payment service from
Fiserv.

With this agreement, qualified retailers of the flagship IDT Boss Revolution
payment platform will offer CheckFreePay walk-in bill payment services to
their customers, while select CheckFreePay agents will offer the Boss
Revolution PIN-less international calling service.

"We are excited about forging this agreement with Fiserv, which we believe
brings significant value to both of our customers. Boss Revolution customers
will have access to secure and convenient CheckFreePay walk-in bill payment
capabilities, and we expect that the availability of the Boss Revolution
service in high-traffic CheckFreePay agent locations will drive long-term
growth,” said Jonathan E. Nierenberg, Senior Vice President of Global Services
Business Development for IDT.

Boss Revolution, the flagship IDT payment platform, provides a suite of
prepaid services including Boss Revolution PIN-less, a leading international
calling service that allows users to call their families and friends overseas
conveniently and affordably. Customers can also purchase and activate
international and domestic mobile top-up products over the Boss Revolution
platform.

CheckFreePay is a leader in the walk-in bill payment market, enabling
consumers to pay bills from more than 3,000 companies at more than 25,000
retail agent locations nationwide. CheckFreePay agents include supermarkets,
drugstores and convenience stores, along with hundreds of independent and
chain store retailers.

“Boss Revolution customers will now be able to pay a wide variety of bills,
including utility bills, mobile phone bills and credit card bills, with the
majority of payments delivered in real time or the next business day,” said
Sean Dingwall, Vice President, CheckFreePay. “Offering Boss Revolution and
CheckFreePay as complementary services at strategic agent locations will
enable us to better serve our customers, many of whom are unbanked or
underbanked, or simply prefer to conduct transactions in person.”

About IDT Corporation

IDT Corporation (NYSE: IDT) through its IDT Telecom division, provides
telecommunications and payment services. IDT Telecom’s retail products,
including those offered through its flagship Boss Revolution payment platform,
allow people to communicate and share financial resources around the world.
IDT Telecom’s Carrier Services business is a global leader in wholesale voice
termination. For more information, visit www.idt.net.

AboutFiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving
the financial services industry, driving innovation in payments, processing
services, risk and compliance, customer and channel management, and business
insights and optimization. For more information, visit www.fiserv.com.

Contact:

Investor Relations:
IDT Corporation
Bill Ulrey, 973-438-3838
invest@idt.net
or
Fiserv
Ann Cave, 678-375-4039
Director, Public Relations
ann.cave@fiserv.com