Microsoft is planning to introduce a subscription-based digital music service, to compete both with rival Apple's dominant song store and other subscription models from Yahoo and RealNetworks, CNET News.com reported, citing sources familiar with the plans. "We think that the subscription model is very interesting," MSN lead product manager Christine Andrews told News.com. "It is something that we will continue to look into." Microsoft is reportedly asking record labels for the rights to offer prospective subscribers to its service a Microsoft-formatted version of any song they purchase from the iTunes Store, so they can be played on devices other than an iPod. The company is also planning introductory pricing for the subscription service in line with Yahoo's offering; at $6.99 per month, the current pricing of Yahoo's service undercuts competing services from Napster and ReaNetworks, which charge $15 a month.
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...