What share of BOSS Money transfers were digital during Mother’s Day week 2026?

During the Mother’s Day 2026 week, 87% of BOSS Money transfers were initiated via its mobile apps. According to the company, customers used the BOSS Money and BOSS Revolution apps for most transactions in that period.

BOSS Money Digital Customers Send Record Remittances to Mom for Mother’s Day

BOSS Money, the remittance brand of IDT (NYSE: IDT), reported record Mother’s Day 2026 activity.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Positive)

Rhea-AI Summary

BOSS Money, the remittance brand of IDT (NYSE: IDT), reported record Mother’s Day 2026 activity. For the week ended May 10, 2026, digital customers sent 49% more principal via 27% more remittances to eight destination countries celebrating Mother’s Day, compared to 2025.

Digital usage was high, with 87% of transfers initiated through the BOSS Money and BOSS Revolution apps. The service reaches 50 destination countries, and the BOSS Money app is rated 4.9 by FXC Intelligence, with over 110,000 five-star reviews across major app stores.

Positive

Mother’s Day principal volume to eight countries up 49% year over year
Remittance transaction count to those countries up 27% year over year
87% of transfers during the week were initiated through digital apps
Remittance service now covers 50 popular destination countries
BOSS Money app holds 4.9 rating in FXC Intelligence rankings
Over 110,000 five-star reviews across Apple App Store and Google Play

Negative

None.

Argus May 12 session

+0.96% close to close Open Argus

Details

News Market Reaction – IDT

On May 12, the day this news came out, IDT closed 0.96% above the previous close.

Data tracked by StockTitan Argus for the May 12 session.

Market Context

This announcement highlights strong engagement in IDT’s BOSS Money business, with a 49% increase in ...

Analysis

This announcement highlights strong engagement in IDT’s BOSS Money business, with a 49% increase in principal and 27% more remittances to key countries around Mother’s Day, and 87% of transfers originating via its apps. The update follows recent periods of same-store sales growth at NRS and solid fiscal 2Q26 results. Investors may track whether such seasonal spikes translate into sustained volume gains and how they complement broader fintech and communications initiatives across IDT’s portfolio.

Key Figures

Principal growth: 49% increase Remittance growth: 27% more remittances Digital share: 87% of transfers +5 more

Principal growth: 49% increase; Mother’s Day 2026 week vs comparable week 2025 for key destinations
Remittance growth: 27% more remittances; Mother’s Day 2026 week vs comparable week 2025 for key destinations
Digital share: 87% of transfers; Share of BOSS Money transfers via BOSS Money and BOSS Revolution apps
Destination countries (promo): 8 countries; BOSS Money destination countries celebrating Mother’s Day in the comparison
Remittance reach: 50 destination countries; Total countries served in Latin America, Caribbean, Africa, South Asia
App rating: 4.9 rating; FXC Intelligence ranking for BOSS Money money transfer app
Five-star reviews: Over 110,000; Five-star reviews across Apple App Store and Google Play
Market cap: $1,342,330,592; Pre-news market value from context data

Historical Context

5 past events · Latest: May 08

5 events

May 08
Retail data update

24h Move

-0.0%

NRSInsights reported April 2026 same-store sales and transaction growth trends.
Apr 06
Retail data update

24h Move

+2.0%

NRSInsights reported March 2026 same-store sales gains and category trends.
Mar 17
Investor conference

24h Move

+0.4%

Announcement of IDT presentation at the Sidoti Virtual Investor Conference.
Mar 12
Retail data update

24h Move

-1.4%

NRSInsights reported February 2026 same-store sales and network growth.
Mar 10
Earnings results

24h Move

-3.5%

2Q FY2026 results with higher revenue, EBITDA, cash, and raised guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

remittance, mobile wallets, point-of-sale (POS), cloud communications, +1 more

5 terms

remittance financial

"BOSS Money, the international money remittance service of IDT Corporation"

A remittance is a transfer of money from one party to another, often sent across borders or between businesses and customers. Think of it like mailing a payment or wiring cash to settle a bill or support family: it changes who has cash and when. Investors watch remittances because they affect a company’s cash flow, sales recognition, foreign-exchange exposure and the health of consumer demand in regions that receive or send large payments.

mobile wallets technical

"BOSS Money offers a robust menu of payout options, including bank deposits, cash pick-up, mobile wallets, direct-to-debit"

A mobile wallet is a smartphone app or built‑in phone feature that securely stores digital versions of payment cards, tickets, loyalty cards and identity credentials so users can pay, transfer money or show proof without carrying cash or plastic. For investors, mobile wallets matter because they can change how often people spend, who handles transaction fees and customer data, and which companies benefit as payment flows move from banks and cash into apps — like replacing a physical wallet with a digital one that reshuffles who earns revenue.

point-of-sale (POS) technical

"National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers"

The point-of-sale (POS) is the place and system where a customer completes a purchase — think of a store’s checkout counter, a restaurant’s payment tablet, or the online checkout page. It includes the hardware and software that accept payments, record sales and update inventory, so it’s where revenue is captured and customer behavior is tracked; investors watch POS performance because it directly affects a company’s sales, cash flow and growth signals.

cloud communications technical

"net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services"

Cloud communications is the delivery of phone calls, text and chat messaging, video meetings, and customer service tools through internet-hosted servers instead of company-owned hardware on-site. For investors it matters because businesses that sell these services often have steady, subscription-style revenue, lower upfront costs, and can scale quickly—think of renting flexible office space rather than buying a building—so growth, margins, and customer retention can be easier to predict.

neo-banking financial

"IDT’s fintech and neo-banking services include BOSS Money, a popular international remittance business"

Digital-first financial firms that deliver banking services—such as checking/savings accounts, payments, cards and small loans—primarily through mobile apps and online platforms rather than physical branches. Think of them like a ride‑hailing app for banking: they streamline everyday money tasks, lower operating costs and innovate faster than traditional banks, which can mean rapid customer growth for investors but also exposure to regulatory, partnership and profitability risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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05/12/2026 - 01:50 PM

Send Volume to Countries Celebrating Mother’s Day Jumps 49% Year-over-Year

NEWARK, N.J., May 12, 2026 (GLOBE NEWSWIRE) -- BOSS Money, the international money remittance service of IDT Corporation (NYSE: IDT), today announced that its customers sent moms a record amount of principal and remittances using the BOSS Money and BOSS Revolution apps during the week leading up to and including Mother’s Day on May 10^th, 2026.

For the week ended May 10^th, 2026, BOSS Money digital customers sent 49% more principal via 27% more remittances than last year to the eight BOSS Money destination countries that celebrated Mother’s Day this past weekend, including Mexico, Guatemala, Honduras and El Salvador.

BOSS Money is a leading digital-first money remittance provider. 87% of all BOSS Money transfers during the week leading up to Mother’s Day were originated by customers using the trusted BOSS Money and BOSS Revolution apps.

“We are honored that so many new and returning customers entrusted BOSS Money to deliver their hard-earned money to mom this Mother’s Day,” said Michelle Rendo, BOSS Money’s VP of Marketing. “It is our privilege to help bring families closer together on mom’s special day.”

BOSS Money’s international remittance service provides affordable, reliable money transfers for residents of the U.S. to 50 popular destination countries in Latin America, the Caribbean, Africa, and South Asia.

In its most recent rankings, FXC Intelligence recognized BOSS Money as the top-rated money transfer app, with a near-perfect 4.9 rating. Across the Apple App Store and Google Play, BOSS Money has over 110,000 five-star reviews.

See a Spanish language sample of BOSS Money Mother’s Day campaign here.

Download the BOSS Money app on iOS or Android or visit bossmoney.com.

Stay connected and follow BOSS Money on Instagram, Facebook and TikTok @bossmoney.official.

*The rates of increase in principal and transactions for Mother’s Day 2026 compare the seven days leading up to and including Mother’s Day 2026 (May 4^th to 10^th) to the comparable week in 2025 (May 5^th to 11^th). For ‘destination countries that celebrated Mother’s Day,’ the rates of increase reflect transfers originated in the U.S. to the 8 destination countries served by BOSS Money that celebrated Mother’s Day during the weeks ended Sunday, May 10^th, 2026, and Sunday, May 11^th, 2025.

ABOUT BOSS MONEY
BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options, including bank deposits, cash pick-up, mobile wallets, direct-to-debit, and home delivery. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps, WhatsApp or through licensed BOSS Money retailers. BOSS Money is the remittance and payments brand of IDT Corporation (NYSE: IDT).

ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications services through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT’s fintech and neo-banking services include BOSS Money, a popular international remittance business, as well as other services that make saving, spending, and sharing money easy and secure; IDT Digital Payments and BOSS Revolution Calling make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

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

# # #

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What Mother’s Day 2026 remittance record did BOSS Money report for IDT (NYSE: IDT)?

BOSS Money reported record Mother’s Day 2026 remittance volumes, with 49% more principal sent year over year. According to the company, this growth came from U.S. customers sending to eight destination countries celebrating Mother’s Day.

How much did BOSS Money remittances grow for Mother’s Day 2026 compared to 2025?

For the week ended May 10, 2026, principal sent rose 49% and remittances increased 27% versus 2025. According to IDT, these figures cover eight destination countries that celebrated Mother’s Day during the comparison weeks.

How many countries can U.S. customers reach with BOSS Money remittances from IDT?

BOSS Money enables U.S. residents to send money to 50 popular destination countries. According to IDT, these destinations span Latin America, the Caribbean, Africa and South Asia, with multiple payout options including bank deposits and cash pick-up.

How is the BOSS Money app from IDT rated by users and FXC Intelligence?

The BOSS Money app holds a near-perfect 4.9 rating in FXC Intelligence rankings. According to the company, it has over 110,000 five-star reviews across the Apple App Store and Google Play, reflecting strong user feedback.

What payout options does BOSS Money offer for international remittances?

BOSS Money offers bank deposits, cash pick-up, mobile wallets, direct-to-debit and home delivery as payout options. According to the company, customers can send through its apps, WhatsApp or licensed retailers to reach supported countries.

BOSS Money Digital Customers Send Record Remittances to Mom for Mother’s Day