National Retail Solutions (NRS Plus) is a division of IDT (NYSE: IDT). Founded in 2015, NRS provides an all-in-one point of sale (POS) solution and NRS Pay credit card processing for small and midsize independent retailers across the USA. The NRS POS system offers a range of features including sales, inventory and user tracking, remote management, and a customer loyalty program. NRS also offers optional add-on Premium Features such as Tobacco Scan Data, ID License Scanning, and Employee Time Clock. NRS Petro, another program by NRS, provides a pump-integrated POS tailored for gas station c-stores, along with affordable EMV for service stations. Their funding arm, NRS Funding, offers cash advances ranging from $2,500 to $500,000. NRS, a subsidiary of IDT Corporation (NYSE: IDT), leverages the vast Boss Revolution customer base to deliver a comprehensive and integrated system for retailers. With a recent $10.00M Funding Round investment from Alta Fox Capital on 30 September 2021, NRS is rapidly expanding its presence in the market, with thousands of POS units distributed nationwide. Its growth trajectory positions NRS as a vital player in the POS industry, capturing the attention of investors and retailers alike.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Funding Round | $10.00M | 1 | Alta Fox Capital | 30 Sep 2021 |
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