Mr. Colm Kincaid:

To be clear, the instant payments mechanism Deputy Doherty referred to is a very particular mechanism used by some firms around Europe and not others. I mentioned the position in Ireland. The time it takes for a payment to go through is not a reflection on the safety of the payment. I am very confident that we have worked very hard in this State and in the EU on a very safe payments mechanism. The Deputy's question was around the risk of interception, if I understood it correctly. That risk should be no greater with the payment mechanisms we are talking about compared with other payment mechanisms.