Brussels -- According to the European Commission, the number of broadband lines in the EU increased by 70 percent year-on-year to more than 40 million lines, according to the latest government figures. On average, more than 45,000 broadband lines were connected every day in the EU in 2004, a remarkable increase compared to the average of 29,000 lines per day recorded in 2003. EU Information Society and Media Commissioner Viviane Reding warned that many member states' performances have been patchy despite the fact that Europe's overall performance has been very strong. The Netherlands and Denmark lead the pack with penetration rates of 19 percent and 18 percent, respectively, but a second group of member states averages out at about 8 percent, while a third group has been unable to push its average rate above 6 percent, Reding 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...