Praveen Almost all national banking organizations have created regional solutions for their countries to break the predominance of American card issuers. After all, the profits from the card business should remain with the local national banks. That was the situation in the 1990s. And now the EU is coming in the 21st century and wants a common financial market. The following applies to DE: Girocard is not a state system, but a private system and therefore cannot be prohibited.