Moreover, we have existing clearing switch operators which are capable of providing the infrastructures that interconnect our payment service providers. Of course, the PhilPaSS, which allows Philippine banks to efficiently pay their clearing obligations to each other, has been there for quiet sometime. Finally, as you’ve seen earlier, we have measurement and monitoring tools that will help us determine our strengths and weaknesses.
I am grateful also that the Better than Cash Alliance has generously helped us in determining the following critical payment use cases where further digital-oriented programs are necessary: social benefit transfers, payments to merchants or billers including to the Government, payments to suppliers, and remittances. Now that these are in place, what else can we do to move digital payments forward?