VoIP business is one that provides VoIP services to consumers and businesses.
VoIP or Voice over Internet Protocol is a technology that allows for the delivery of communication in various forms.
It can be thought of as a service rather than a product as the softwares are mostly hosted by the providers.
A VoIP business works primarily with the internet as a base.
All services are provided with the help of internet.
Users can place phone calls or make use of any other method of communication from a device that supports internet.
VoIP businesses aims at reducing the cost incurred for communications.
They usually charge for calls on a monthly basis for a limited time limit, with an extra charge for a time top up.
They also generate revenue by selling various VoIP based hardwares and softwares.
Various innovative technologies that are based off VoIP include softswitches, unified communications, CPaaS, etc.
VoIP business works either with a wholesale model or a reseller model.
Wholesale VoIP works on a larger scale and provides services mostly to resellers.
This model will also have direct links to various carriers.
VoIP resellers engage in providing services to final users.
This is the less costly version between the both models.
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