Mr. John Daly:

There is the issue with the Department of Social Protection, with which we have a contract for cash payments. The alternative it has is electronic funds transfer, which costs it very little and it does not really pay the banks. Anything we need in future must be sustainable and the business model must make sense. If we moved to EFT, the Department of Social Protection would pay us the same as it pays the banks for EFT payments. It would be a different business model. That is what we are attempting to do in our discussions on the standard bank account, financial inclusiveness and the cashless society. We are looking to formulate business models that make sense for the post office network.