Whether payers use an e-commerce solution or their smart device at the point of sale, or they send money peer-to-peer to another person: the transfer of money takes place via familiar credit transfers, including instant ones, direct debits or card payment rails. What has dramatically changed, though, is the number and kind of actors involved.
Should capital flows exceed our ability to absorb by a wide margin, we will calibrate our capital control instruments to manage the flows just as we did in the past. BIS Review 159/2010  1  Our infrastructure investment needs are huge. Foreign investment certainly helps.