"AMSTERDAM, June 1 (Reuters) - Nokia has overtaken PalmOne as the world's top seller of mobile computers in the first quarter, as consumers chose smartphones over handheld computers to organise their lives, a survey showed on Tuesday. Finland's Nokia increased its market share to 28.2 percent, up from 21.5 percent in the first quarter of 2003, while U.S.-based PalmOne saw its share dwindle to 16.8 percent from 26 percent, British research group Canalys said."
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...