Intel Corp., the undisputed king of computer chip making, has tapped the broad shoulders of a few heavyweights in its bid to take its wireless broadband dreams to various cities around the globe. According to one report, Intel has started a Digital Communities initiative that involves rolling out wireless broadband technology in thirteen communities in a way to make high-speed Internet access more accessible to more people. The effort, said Intel, includes help from companies such as IBM Corp., SAP AG and Dell Inc. And the plan also involves equipping governments with tools to enable mobile workers such as meter readers to more efficiently do their jobs. Philadelphia, one of the participating communities, has already announced plans to deploy Wi-Fi technology across a 135-sq-mile area, an effort to increase accessibility to high-speed Internet access. San Francisco has also committed to deploying Wi-Fi technology. A Yankee Group analyst quoted in one report noted that municipalities are very much interested in rolling out wireless broadband technology in an effort to lessen the so-called digital divide.
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...