RE: A long period for converting to ***EMV terminals*** its just a reason to start now.
To me, this is just as big a hurdle for the US as hardware costs. EMV does not lend itself very well to POS integration — it’s great for terminal manufactures with stand-beside solution but not so great for full POS integration. The US leads the world in integrated POS. Going back to stand-beside terminal is a step back to the 80′s/early 90′s.