In reply to Andrei Charniauski.

From what I understand talking to someone that ships terminal, lots are going out still today that aren't EMV or NFC terminals. It's also my understanding that a replacement cycle is closer to 5-10 years than 3-5.

I'll believe it when I see EMV or NFC at most places I shop. Right now, they aren't common...and as we all know change in Payments is incredibly slow.