Samsung Electronics and Versatel announce the successful launch of the first ADSL2+ full IP triple play service (TPS) network in the world. In the Netherlands, Samsung realized this fast next generation network for communications network operator Versatel that is able to offer the first triple play service through ADSL2+ to the Dutch market, now. A state of the art ADSL2+ network can provide services with speeds up to 24 Mbps. In this case, ADSL2+ enables Versatel to offer much faster and richer multi play services than providers using regular ADSL networks. Raj Raithatha, Chief Executive Officer of Versatel, stated: "Versatel is the first Dutch operator that provides multi media services over ADSL2+. Our ADSL2+ network has given us the necessary bandwidths to transmit television, video, telephony and internet services through a single copper line, thus giving Versatel a leading role in the introduction of new multi play services in the Netherlands. Given the tight time frame and the innovative character of the services, Samsung has proven to be a dedicated and reliable partner in the roll out of ADSL2+ in the Netherlands".
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...