On the higher end of this space, hosted PBX providers, such as RingCentral Office, will generally offer (sometimes even require) on-premises handset hardware, like desk or cordless VoIP phones that get sent to you pre-configured to work with their service. Plug the phones in, make sure they see an internet connection, and after some self-configuration time, your VoIP service goes live auto-magically.
To get a better picture of the savings of VoIP for home use, here's a real life example: Long distance calls with a VoIP provider can be as little as $10 per month, if not less. Major telecommunications corporations typically charge more for such packages, even 2 or 3 times as much. If you look at this over the course of a year, that’s no small change.  
One important advanced feature that's ubiquitous in the world of business VoIP services, and quickly growing in the residential market, is the softphone app. Imagine a piece of software that simply uses the network connection, speakers, and microphone of your computing device to turn that device into a phone. If that softphone is attached to your VoIP account, that software will ring whenever your home phone does and when you place calls on it, those calls will register as coming from your home phone number. Just by installing the software you'' be able to immediately place and receive voice calls over your home phone account on your PC, your Apple iPad, or even your smartphone. That last one is a gotcha, however.
The Yealink Touch-sensitive HD IP Conference Phone CP920 is comprised with the Android 5.1 operating system. With a user-centric design, it combines simplicity of use with sophistication of features, being perfect for small to medium sized conference rooms. With its crystal-clear audio quality, your conversation will sound natural and bright anywhere with well-designed CP920. The Yealink CP920 can be not only paired with your mobile staff –smartphone or PC/tablet via Bluetooth, but also is a good choice for businesses that use a public switched telephone network (PSTN) after combining with CPN10 PSTN Box. As a valuable complement for your conference room, CP920 conference phone strikes an excellent balance between ease-of-use and powerful features, giving you a simply and clearly engaging business conference experience.
VoIP service simply enables your phone calls to be transmitted and received over your home Internet connection instead of your telephone landline. This is perhaps why some people refer to the service as being an Internet phone service or broadband phone service. This does mean though that you need a high speed Internet service to be able to use VoIP for your phone service.
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