There is no doubt that the Selectcore contract with the City of Toronto saves the City of Toronto money.  I don't think we know as yet how many are using the card but it is the way of the future.  My concern is and always has been whether Selectcore can get up and running with a sizeable client portfolio before competition crashes down their door.  You can spout proprieatry technology all you like but really the only barrier to entry is cash.  The banks have cash and as history tells us will jump all over this if they think it could be a profitable business.  Thats the catch 22.  Is it a profitable business or not?