John McKay at the Finance Committee

Now it's three minutes, is it? Thank you.

I want to focus on Mr. Iuso and just understand the system that you are no longer able to provide.

I'm a consumer, and I have Visa, or MasterCard, or American Express, or whatever. I want to pay my bill on time. What I don't understand is how you inform Visa, MasterCard, American Express, or whatever, that my bill is paid on time and the banks can't. How do you do it? Do you do it by way of electronic coding? Does my bank account, in effect, notify you, and you in turn tell Visa that McKay paid? Is that how it works? I want to know how it works, step by step.