The European Commission decided to make available a substantially greater amount of radio spectrum in the 5 GHz range throughout the European Union for Wi-Fi. The Commission decision, which is to be implemented by Member States by 31 October 2005, makes two specific frequency bands (5150-5350 MHz and 5470-5725 MHz) available in all Member States for wireless access systems. A large amount of flexibility is provided with respect to what type of service or network topology the technology is used for. The decision also introduces spectrum management approaches, by requiring the application of "intelligent" techniques to protect other radio spectrum users against harmful interference, such as military radar and satellite services. Other major markets, such as Japan and the US, are implementing similar rules for the 5 GHz bands based on- the outcome of the World Radiocommunications Conference 2003. A large market in the EU will encourage other countries to align themselves to the same specifications.
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...