"The deadline for merchants to make the switch is October 2015; so far about 220,000 U.S. stores have done so, out of more than 10 million. The upgrade costs $5

"The deadline for merchants to make the switch is October 2015; so far about 220,000 U.S. stores have done so, out of more than 10 million. The upgrade costs $500 to $1,000 per checkout terminal, according to Javelin Strategy & Research." Why not just go to your local office supply store and look up that you can get a iCT250 for about $200 and from the ingenico website you can read that specific model "Gives options to accept all forms of payment including MSR, EMV, contactless and mobile NFC." "credit cards with chips" to the general public are "EMV" to retailers. I think I saw an ad for Staples for $250 for this exact terminal. Its a top of the line device and its only $200 to maybe $300 depending where you buy it. You could probably pay less. I volunteer part time as treasurer for a non-profit and part of my "volunteer" work as the local IT expert was researching alternative payment methods for our fundraisers, none of which we (aka I) decided to implement. Partially because when you have a bazillion volunteer workers its a miracle if they can just get the name right on personal checks, there is no way in hell I'm personally training 50 people to accept 25 different digital payment methods. Also we keep more cash with our no fee non-profit checking account, so why make some middleman "rich". Our (edited: fundraiser event) cashflow is barely in the 5 digit range, and I can imagine orgs much bigger or smaller, or profit instead of non-profit, might have different end results. (Edited to add, theres a new alternative digital payment method released roughly every 3 months, its very trendy. So next fall, that would be roughly 29 possible payment technologies for 50 people thats almost 1500 training sessions all of which have to be perfect. No thanks!)