On Maestro, okay.
The next point I'd like to raise is a more general hypothesis, you could call it. I think we could agree there's no free lunch. There are winners and losers in various propositions. So I guess my question is, who, at the end of the day, is paying for the rewards under premium cards? I guess my hypothesis is that we have what might be called a reverse Robin Hood situation. Now, let me just present it to you, and then you respond.
My hypothesis would be that the merchants are paying these higher interchange rates, and particularly high for premium cards. To some extent this is going to cause all prices to rise. They will, to some extent, pass on those prices to consumers. The people who use cash or ordinary credit cards to buy their goods will face this higher price with no corresponding benefit. The people with premium cards, who tend to be higher-income Canadians or higher-spending Canadians, will have some sort of benefit.
It would seem to me that in terms of this system and what appears to be coming in the area of debit cards, the winners would clearly be MasterCard and Visa--or you wouldn't be here--and the banks, and maybe the premium credit card holders, who receive cash back and various things. The losers would be those who choose to buy their goods and services with cash or with ordinary credit cards, and also perhaps the smaller merchants who face these higher costs. That strikes me as a reverse Robin Hood situation.
How would you respond to that hypothesis?