Sound Payments and NRS Announce Partnership, Bringing EMV to More

Pumps Nationwide

Partnership Delivers an Affordable Retrofit Solution to Enable EMV

Jacksonville, FL, August 06, 2020 --(PR.com)-- Sound Payments, a multi-channel technology company
and National Retail Solutions (NRS), a subsidiary of publicly traded IDT Corporation and a leading
provider of a Point of Sale network plus NRS PAY credit card processing, announced a partnership today
that will bring EMV to the pump to more stations nationwide.

“We founded NRS with the mission to help independent retailers across the U.S. survive and thrive
amidst goliath competition,” said Elie Y. Katz, president and CEO of NRS. “Many gas stations lacking a
high budget for technology, experience challenges with integrating the backend of their pumps and
minimart. Having the option to use one POS and payment acceptance venue for both gas pumps and the
on-site store makes reconciliation for accounting less challenging for gas station owners and more
convenient for their customers.”

With the need in the industry and the April 2021 deadline to enable EMV at the pump, the companies
have aligned to help deliver a more affordable, retrofit solution. NRS is always looking to up the ante
with its technological advances. Marrying its POS and NRS PAY payment acceptance services with the
Petro industry is a natural next step.

“Our partnership with NRS means more stations will benefit from a semi-integrated solution that
cost-effectively enables EMV at the pump,” said Andrew Russell, president of Sound Payments. “We
understand the challenges stations face nationwide regarding the EMV pump upgrade, and we are proud
to have a solution that helps.”

Sound Easy Pump™ supports QR code scanning, PIN-on-glass, MSR, EMV chip and PIN, NFC for
Apple Pay and Google Pay, Bluetooth and Wi-Fi, and includes a built-in security camera. The device is
simple to install with only one cord for power.

Sound Easy Pump eliminates the need to purchase new pumps and close stations during installation. The
direct-to-processor transaction connection uses point-to-point encryption so it is more secure and will
eliminate many types of fraud that are common today. In addition, the platform is flexible so it can easily
support future innovations.

From its inception, National Retail Solutions has proven itself as the nation’s foremost point of sale
network, with more than 11,000 systems throughout the US. The NRS POS+, with robust hardware and
powerful software plus optional premium features and accessories, has fast gained popularity and
prominence among small and midsized groceries, convenience, liquor and tobacco stores, and gas stations
nationwide. NRS currently provides point of sale hardware and services to more than 300 independent
stations, providing them POS hardware and software without pump connection.

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About Sound Payments

Sound Payments is a multi-channel, diversified technology company that creates simplified, innovative
solutions in the payments, petroleum and financial services industries. Petro Solutions provides
technology solutions for the petroleum industry, including Sound Easy Pump™, which enables stations to
cost-effectively install a retrofit solution at the pump that solves EMV. For more information, visit
www.soundpayments.com.

About National Retail Solutions (NRS)

National Retail Solutions, Inc. (NRS), a subsidiary of IDT (NYSE: IDT) offers a point-of-sale (POS)
platform for independent c-stores, gas stations, liquor and tobacco stores nationwide. The NRS platform
provides robust hardware with powerful merchant software to help retailers compete more effectively,
organize their business, attract customers and increase revenue. the POS includes a customer loyalty
discount program, 1-touch Boss Revolution® pinless recharge, seamless integration with NRS PAY (and
other) credit card processing, and more. With ads on customer-facing screens, during both in and out of
transaction, manufacturers and advertisers can leverage the NRS platform to reach a broad, multicultural,
urban consumer demographic. NRS' credit card processing division, NRS PAY, offers card processing
services which integrate seamlessly with the point of sale system or can be used independently, in any
industry; POS, online, or on-the-go with intuitive mobile software. NRS is a subsidiary of IDT
Corporation (NYSE: IDT). For more information, visit www.nrsplus.com.

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Contact Information:
Sound Payments
Michelle Danisovszky
904-214-2573
Contact via Email
www.soundpayments.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/818584

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