. on december 12 , 2012 , the loan company received a restricted order to commence and carry on business from osfi which will enable the loan company to become a direct visa member at such time that global payments concludes the appropriate bin transfer process with visa . in march 2011 , we obtained temporary direct participation in the visa canada system , while the loan company application was pending . we anticipate that the bin transfer process with visa will be completed by september 30 , 2013. .