Retail Association of Maine: “It’s organized chaos, a little, right now” Only about half of the nation’s 12 million payment terminals will be upgraded by Thursday, analysts and financial experts say. With new payment terminals costing up to $600 apiece, it has been a massive and expensive conversion. It’s unclear whether a retailer that has installed working chip-card payment terminals that are not yet certified will face liability for fraud after Oct. 1. Large retailers like WalMart and Target are ready to accept chip cards, mainly.”]
Source: https://www.csoonline.com/article/2987415/chip-card-conversion-has-retailers-anxious.html