IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, today announced the launch of its cloud-based prepaid-as-a-service platform, Zendit. Zendit will be introduced at the Mobile World Congress 2023 (MWC) in Barcelona, Spain, from February 27^th to March 2^nd.

With the Zendit platform, businesses of all sizes, entrepreneurs, and developers will be able to easily add a powerful, global monetization channel to their apps and websites - prepaid offerings curated from a global digital catalog of over 10,000 goods and services including mobile airtime top-ups, mobile data bundles, digital gift cards, and utilities.

“The rapid adoption of digital prepaid services in combination with the extensive reach of mobile - now over seven billion consumers worldwide - is fueling extraordinary growth in the global prepayments space,” said Emilio del Rio, President of IDT Digital Payments. “Now, Zendit’s cloud-based, prepaid-as-a-service platform enables companies to participate in this high-growth opportunity by efficiently integrating cross-border prepaid offerings into their apps and websites in a matter of minutes.”

The Zendit platform can easily scale to meet the needs of businesses and organizations of all sizes while ensuring uptime and availability. It provides a user-friendly and intuitive workflow without sacrificing powerful features and flexibility. The platform will feature a range of tools from APIs and SDKs to no/low-code widgets and plugins that will make it easy for any developer to integrate prepaid offerings with existing systems and technologies.

To enhance speed and ease to market, Zendit offers a seamless self-onboarding experience that simplifies the integration process, enabling developers to access and manage Zendit’s global prepaid catalog within minutes. Developers can head over to zendit.io, open an account, obtain integration credentials, fund their wallets, and go live – all in a matter of minutes.

“Our mission is to enable businesses of all shapes and sizes to unlock new revenue opportunities by building innovative prepaid solutions that attract, engage, retain, and reward their customers worldwide,” del Rio concluded.

MWC attendees are invited to stop by the IDT booth at Congress Square Stand CS24 for a firsthand look and personalized demonstration of the innovative Zendit platform.