India built RuPay, China built UnionPay. There's no reason why Europe can't do the same.
European countries each have their system. But they do not interoperate. You can't pay with blik in Germany, you can't pay with German debit card in Poland.
The most obvious difference being that unlike China or India, Europe (or the EU) is not a single country. This doesn't make things impossible but certainly complicates them.
France still has CB https://en.wikipedia.org/wiki/CB_Bank_Card_Group