Internet-based telephone services are slowly replacing traditional landline phone services, according to a new study by Telephia. Of households already subscribing to Internet telephony services, 53 percent of those considered "high-tech" -- subscribing to at least three emerging services such as satellite radio, video-on-demand and broadband -- have now disconnected their landline phones. Those surveyed identified savings on phone calls as the main factor in making the switch. "Cost savings and seamless integration of different communication services provide a compelling one-two punch for Internet telephony," said Kanishka Agarwal, the vice president of new products at Telephia. Of the households surveyed who have not yet disconnected their landlines, most cited their availability during a power outage as the main reason. More than a third also cited the importance of keeping their current phone numbers.
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...