AMENDMENT NO. 2 AND WAIVER

                                                                   EXHIBIT 10.65

                           AMENDMENT NO. 2 AND WAIVER

      THIS  AMENDMENT  NO.  2 AND  WAIVER,  dated as of  August  3,  2005  (this
"AMENDMENT"),  of that certain Credit Agreement referenced below is by and among
PREMIERE GLOBAL  SERVICES,  INC., a Georgia  corporation  formerly known as PTEK
Holdings,  Inc. (the "BORROWER"),  the Guarantors and the Lenders  identified on
the signature pages hereto and BANK OF AMERICA,  N.A., as Administrative  Agent.
Capitalized  terms used but not otherwise defined herein shall have the meanings
provided in the Credit Agreement.

                               W I T N E S S E T H

      WHEREAS,  a $180 million revolving credit facility has been established in
favor of the Borrower  pursuant to the terms of that certain  Credit  Agreement,
dated as of June 30,  2004 (as amended and  modified,  the "CREDIT  AGREEMENT"),
among the Borrower,  the Guarantors and Lenders  identified  therein and Bank of
America, N.A., as Administrative Agent;

      WHEREAS,  the  Borrower  has  requested  certain  waivers,   consents  and
modifications to the terms of the Credit Agreement; and

      WHEREAS,  the Lenders have agreed to the requested  waivers,  consents and
modifications on the terms and conditions set forth herein;

      NOW,  THEREFORE,  in  consideration  of these  premises and other good and
valuable  consideration,   the  receipt  and  sufficiency  of  which  is  hereby
acknowledged, the parties agree as follows:


      1.    CONSENTS AND WAIVERS.

            1.1   I-MEDIA  SA.  The  provisions  of  Section  7.14 of the Credit
      Agreement  require a pledge of the  stock of 65% of the  capital  stock of
      Material  Foreign  Subsidiaries,  together  with legal  opinions and other
      deliveries,  within  60 days of any such  Foreign  Subsidiary  becoming  a
      Material Foreign Subsidiary. I-Media SA, a French corporation ("I-MEDIA"),
      is Material  Foreign  Subsidiary and, as such, the Borrower is required to
      make a pledge of 65% of the capital  stock of I-Media in  accordance  with
      the  provisions  of Section  7.14 of the Credit  Agreement.  The  Required
      Lenders  hereby (A) consent to extension of the pledge  delivery  date for
      the capital stock of I-Media to August 31, 2005, (B) waive the requirement
      for delivery of an opinion of local counsel in connection  therewith,  and
      (C) waive any  Event of  Default  that  exists or may have  existed  under
      Section  7.14 of the  Credit  Agreement  on account of a failure to timely
      pledge the capital stock of I-Media to the date hereof.

            1.2   INTELLIGENT MEETINGS CORPORATION  ACQUISITION.  The provisions
      of Section 8.02(h) require delivery of an officer's compliance certificate
      not later than 10  Business  Days  following  consummation  of a Permitted
      Acquisition.  On June 1, 2005, American  Teleconferencing  Services,  Ltd.
      acquired   substantially  all  of  the  assets  of  Intelligent   Meetings
      Corporation for a purchase price of  approximately  $6.1 million (the "IMC
      ACQUISITION").   The  Borrower  failed  to  timely  deliver  an  officer's
      compliance  certificate in connection  with the subject  acquisition.  The
      Required  Lenders hereby (A) consent to extension of the delivery date for
      the officer's  compliance  certificate for the IMC Acquisition to July 26,
      2005,   the  date  on  which  such   certificate   was   received  by  the
      Administrative  Agent,  and (B) waive any Event of Default  that exists or
      may have existed under Section 8.02(h) of the Credit  Agreement on account
      of a failure to timely deliver the officer's  compliance  certificate  for
      the IMC Acquisition.

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      2.    AMENDMENTS TO THE CREDIT AGREEMENT.  The Credit Agreement is amended
in the following respects:

            2.1   The first  sentence  in  Section  7.14 is  amended  to read as
                  follows:

                  Pledge or cause to pledged to the  Collateral  Agent to secure
                  the Obligations

                        (a)<