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.
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...