Google has launched a new video search service, which lets users search closed-captioned texts and view indexed video on a Google-branded video viewer. The service includes video provided by CNN, PBS, Unicef, Greenpeace and CNET Networks, among others. For now, the service is free to use and does not display advertisements, although Google aims to eventually offer hosting of independently produced video and allow producers to charge viewers, taking a cut for itself. Google Video is only available in English, and the video viewer works only with Internet Explorer versions 5 and higher and Firefox for Windows. There are no advertisements on the site yet. The service is another step in the search giant's expansion into more comprehensive media services. Google has confirmed it is working on a payment system but says it will not be a direct competitor to eBay's PayPal online payment system. However, there is ample speculation that the payment system will enable more broad-based video viewing. Google is the only search provider that has all the pieces to bring movies on demand via Internet to the masses, said Allen Weiner, an analyst at Gartner. Google will be able to charge per-view or subscription fees, as well as insert ads into the video stream, he 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...