Industry committee  When the consent order was issued, Interac direct payment was a fledgling. It was a business case being launched. The consent order was issued when shared cash dispensing, or our ATM business, was what Interac was. Today, the Interac ATM business is 250 million transactions. It's interesting to juxtapose the two services from a transaction standpoint.

Industry committee  No, there are different fees, again, set on a cost recovery basis under the same model and they're flat switch fees, but they're respective of the ATM business. We don't charge any additional fees in that business, such as the convenience fees and so forth. That has nothing to do with Interac.

Industry committee  Again, ours is a wholesale charge to the issuers. I'll have to get back to you with respect to making sure I get all the specific charges. But again, it's a flat fee.

Industry committee  Yes.

Industry committee  Yes, where I can, I will. All five services in the restructuring would be looked at from a competitive model standpoint.

Industry committee  How would their experience be better if Interac...?

Industry committee  So the first change is just the restructuring of Interac in order for it to be able to compete and continue to be there for consumers. I think consumers over the past 20 years have come to rely on it, and in some respects debit in Canada has been a love affair with Interac. So I think it's important that our viability be continued.

Finance committee  Yes, we have a switch fee.

Finance committee  Right. It's 0.8¢ to the acquirer and 0.8¢ to the issuer.

Finance committee  Last year in Interac direct payment, I believe there were around 3.6 billion transactions.

Finance committee  When the consent order was issued, Interac direct payment was a fledgling. It was a business case being launched. The consent order was issued when shared cash dispensing, or our ATM business, was what Interac was. Today, the Interac ATM business is 250 million transactions. It's interesting to juxtapose the two services from a transaction standpoint.

Finance committee  No, there are different fees, again, set on a cost recovery basis under the same model and they're flat switch fees, but they're respective of the ATM business. We don't charge any additional fees in that business, such as the convenience fees and so forth. That has nothing to do with Interac.

Finance committee  Again, ours is a wholesale charge to the issuers. I'll have to get back to you with respect to making sure I get all the specific charges. But again, it's a flat fee.

Finance committee  Yes.

Finance committee  Yes, where I can, I will. All five services in the restructuring would be looked at from a competitive model standpoint.