Ms Reetta Suonperä:

There will be direct debit payments for businesses. The issue is that under the SEPA rules, there is a core scheme that is being implemented in all the euro area countries and there is a separate business to business scheme that has different rules and regulations, which is an optional scheme. Effectively, the banks here would have to implement two different schemes and because of the financial constraints they are operating under, they are only doing one scheme at present.