Thank you, Mr. Chairman.
I want to thank the witnesses for being here today.
Since we do not have too much time, I will start with a specific request. Since you mentioned transparency, I want to ask you to be transparent.
My first question is for Mr. Baumgartner as well as Mr. Van Duynhoven. Could you provide us with a detailed list of all the fees charged to merchants by Visa, MasterCard and you, the acquirers? Are those fees fixed or are they a percentage of the value of the transactions? We have heard a lot about interchange fees, assessment fees, marketing fees and fees for foreign cards. Could you provide such a document to the committee? I am not asking you to answer now because it would take far too much time. Can you do that?