Thank you.
Ms. Pohlmann of the Canadian Federation of Independent Business, I have a question in a similar vein.
David Robinson of Rogers appeared before this committee on Tuesday. When asked how they plan on generating revenue with their mobile payments technology, this is what he said, “We do charge the issuer for the service of secure distribution, storage, and support of their payment cards on our infrastructure.” When asked how those fees were visible with the transaction, he said, “I have no visibility whatsoever to the transactional fees that are charged between the merchant acquirer and the merchant, none whatsoever.”
So, briefly, we were told there were no fees, then that there were some fees, and then that they're hidden from anybody. Is this the kind of hidden fees that get added through the payment chain that small businesses are already burdened with? Are they afraid that even more of this will happen in the future with this mobile technology?