This type of network requires co-operation between service providers. At the same time, we want to see competition in services provision. Competition gives incentives to streamline processing of payments and to service innovation. The competition takes place in the customer interface, whereas the efficient processing of payments needs co-operation for standards and security.
Other driving forces of payments development are changing demographics, changing customer demand and integration. I mentioned earlier that banks have not met customer demand for internet or mobile payments or real-time payments. I know that cards are heavily used when paying in web shops, but that is not what cards were designed for.