And then second, for me, from either of you and any color you can share with us on your wireless ambitions, I think both on the MVNO side and 3.5 gigahertz uhm there’s been a lot of discussion in the press about what Google is up to, any update you can give us on that, would be great?
Patrick Pichette – Senior Vice President & Chief Financial Officer
So, on the second question, thank you for your questions, Ben. And uhm on the second question that you’ve asked, right, there is a lot of speculation out there. And if we had to answer off every speculation on Google’s part, what’s going on, I mean, we just would be, my PR team would be really busy. So we just won’t comment on any speculative news.
On the first question uhm, on return on capital, absolutely I mean, we you know we have right now a mix of kind of roughly 60-40 between our U.S. 40, uhm international 60 of our cash, ahm we have good use for our cash in both places. But if in fact we had a lot more flexibility about repatriating cash, that would make a big difference in the way that we think about it and ahm or at least we’d take it in consideration for sure in our dialogue with the board. And ahm so it’s clearly one element that’s part of the puzzle that we would take in consideration. So, if there is anything you can do to get that thing through Congress uhm you know Ben, we would really love it and just let us know when that happens.
Benjamin Swinburne – Morgan Stanley
I will call my Congress person. Thank you.
Patrick Pichette – Senior Vice President & Chief Financial Officer
Thank you so much. All right, Jamie, we are going to go to our next question, please.
Operator
And we’ll go next to Douglas Anmuth with JP Morgan.
Douglas Anmuth – JP Morgan
Thanks for taking the question Uhm, you’ve had greater emphasis on e-commerce over the last few years with Google Shopping and Express. Uhm I was hoping you could give us an update on on Google Wallet and how strategic that is to your business overall and kind of closing the loop payments in general.
And then secondly uhm can you comment Patrick on whether there is just anything in particular in driving uhm you know the gap that we saw on sites between paid click volume and CPCs beyond some of the normal mix shift issues and FX? Thanks.
Patrick Pichette – Senior Vice President & Chief Financial Officer
So why don’t I take the second question immediately, and then I’ll let uuhm Omid answer the ahhm issue of aahm commerce. So, on the first one look it’s, I want to come back on the sites issue because 25% and then ahm the minus 8% ahm in terms of click growth and CPSs. And I want to start with that, because that’s always the case when people kind of just focus on one, they, we kind of tend to forget the big picture which is it’s a mix of these two things that give you this revenue that’s been very strong in in sites this quarter, so never look at them in isolation.
Having said that, as I said in my ahm prepared remarks you know the monetization metrics for sites has all the factors that I kind of usually discus which is geographic, device, property, the FX and all the things I talked about. So, I think it would be misguided again this quarter to pin it down to just one trend. I think people have a tendency to say okay well it’s mobile, or it’s FX. And uhm but I would like to point out three things specifically this quarter.
