Low-Cost Cell Service RingPlus Accepts Bitcoin, Litecoin and Dogecoin

Wireless provider RingPlus is the first US-based telecom to offer digital currency support.

AccessTimeIconJul 17, 2014 at 8:05 p.m. UTC
Updated Dec 12, 2022 at 12:44 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

A low-cost US mobile cell service provider is partnering with digital currency merchant gateway GoCoin to provide support for bitcoin, litecoin and dogecoin.

, headquartered in Los Angeles, boasts that it is the first wireless carrier based in the US to accept payments in digital currencies. Users can elect to use either of the three digital currencies currently offered to purchase service time, and according to the initial announcement customers will see expanded integration in the future.

GoCoin CEO Steve Beauregard told CoinDesk that enabling consumer choice was at the heart of the new partnership, saying:

"This gives a new level of control and privacy to consumers that want to pay as they go instead of being boxed into a monthly service agreement with penalties for early termination."

In announcing the integration, RingPlus cited the desire to appeal to a broader audience of digital currency users by accepting bitcoin as well as litecoin and dogecoin.

RingPlus customers need to first purchase an approved Sprint phonehttps://my.ringplus.net/device_validation_requests/new, and then register with the company to begin service. The company's most expensive plan offers unlimited calling, global SMS and 2.5GB of data for $33, and four plans are available for under $10.

Credit card required

Those who want to use digital currency to pay into their cell accounts will have to register normally through RingPlus, a process that requires credit card information. After that, however, users can elect to top up their balances in bitcoin, litecoin or dogecoin.

This initial integration is expected to be expanded. RingPlus customers will be able to use an SMS billing service developed by GoCoin to receive payment notifications and elect to authorize transactions from their account wallets when topping up.

In a 16th July post on the company’s official forums, RingPlus CTO Evan McGee clarified that support for new account payments is not yet active but that the feature is being developed, saying:

"Just to restate what might not be obvious - for now, this is just to top-up individual accounts. We're going to allow registering with virtual currencies soon, but that requires a much larger change to how we process information upfront. It'll be along shortly."

Grassroots support

RingPlus CEO Karl Seelig remarked that the decision to integrate digital currency acceptance came from enthusiasm and support within the user base, stating:

"We listened to our members who are asking for alternative ways to pay their bill, and are extremely satisfied to be leading the charge - so to speak.”

Beauregard echoed Seelig’s sentiments, suggesting that the partnership is the first - but probably not the last - usage of digital currency within a major telecom market.

He added: "This deal breaks new ground in the hotly contested wireless services market".

Cell phone user image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.