Thanks Anurag.

Operator

We’ll next hear from David Parker with Merrill Lynch.

David Parker – Merrill Lynch

Good afternoon, Ryan.

Anthony P. Ryan

Good afternoon. How are you?

David Parker – Merrill Lynch

I am fine. On the transaction growth it slipped from 19% last quarter to 14% this quarter. I don’t know if you can let us know how October was trending and provide any additional color on your expectations going forward for the fourth quarter?

Anthony P. Ryan

We really don’t give any intra-period guidance as far as transaction volume. I think I’d start by saying that we believe that the transaction growth is strong at 14%. We are very happy in the economic environment with the growth that we’ve had and maybe just a little color on the quarter. The domestic growth was very solid. We continue to see expansion with Wal-Mart into their money centers and we’re very excited about the ramp up that we’ve had with some of our new customers like Advance America and we’re just getting started in the roll out now with CVS. So, we’re very excited about our domestic footprint.

Within the domestic volume is our urgent bill payment business and we did see some softness in the quarter there in a couple of sectors. The credit card and the satellite TV sector were a bit softer so that had some affect and on the international front we believe it was a very strong quarter as well but we did have some softness in certain markets like Spain. So, the big focus for us is going to be diversification of our network and also looking at bill payment verticals such as the prepaid space to continue to try to diversify our revenue stream and get into new segments of the market.

David Parker – Merrill Lynch

Okay and then the foreign exchange has been very volatile over the last few months and if the dollar continues to strengthen can you talk about the impact it will have on your model?

David J. Parrin

The impact of the foreign exchange, David?

David Parker – Merrill Lynch

The dollar, yes, the foreign exchange.

David J. Parrin

Okay. Clearly with the strengthening dollar that does have an impact. In the third quarter versus a year ago to op income the year euro/dollar relationship had about a positive $2 million impact on the quarter. Clearly if the dollar continues to strengthen that benefit will start to dissipate but I’m not really in a position to project beyond that.