It is certainly not easy to find an agreement given the different legacy systems – you know for example how different the German, French or Belgian schemes are. There is need of commitment to the objective at the highest level within banks and need of coordination among the various business departments. The determining factor for the success of every undertaking will be leadership.
Looking forward, as a first step, an additional card scheme could start as a basic offering, before becoming a more sophisticated model at a later stage. Overall, I am convinced that the benefits of an additional card scheme clearly outweigh the costs. I can reassure you that any of the initiatives I mentioned will continue to have our support.