Thank you very much for taking the time out of your hectic schedules to be with us today. This is a very important issue and we appreciate your time and the information you're giving.
I'd like to start, if I may, with the CPA. I have a few questions for you on clearing and settlement.
As you may be aware, as I understand it, Visa and MasterCard currently do their clearing through the Bank of America in the United States. One of the questions I wanted to ask you is on clearing and settlement should they enter the debit card market. As they're entering the debit card market, I understand they will still be clearing and settling through their traditional route. Is that your understanding as well?