I also thank Honourable Pravind Kumar Jugnauth, Vice Prime Minister and Minister of Finance and Economic Development, for his support and an excellent  8  BIS Review 150/2010  working relationship.
Providing net benefits to one or more key participants in a transaction, while not materially affecting other participants negatively, appears to be the most important requirement for any innovation to be successful. The benefits may accrue to the providers of payment services in the form of lower costs, but they cannot adversely affect end users.