Originally Posted by WillCAD

Resistance to chip and pin exists for the same reasons as resistance to metric, a) cost of buying new chip and pin equipment, and b) resistance to change. The retooling cost is a much more minor thing than retooling factories to metric, however, because CC machines tend to break and need replacement often enough to make it easy to upgrade.

I've been seeing more and more chip and pin machines over the last year. Walmart seems to have switched over all of the machines in all of their stores in a very short time, and it appears that 7-11 is also doing so now. It will take smaller businesses longer to change, as it's harder for them to absorb the expense of buying replacement equipment, so they do it less often. Heck, a local gas station in my neighborhood actually stopped accepting debit cards at the pump for several years because there was some change to the financial laws that would have necessitated them buying new readers for all six of their pumps, and they chose to not accept debit instead - losing customers in the process. After 3 or 4 years, they finally replaced all of their readers and started accepting debit at the pump again. I didn't go back, because when they finally upgraded, they also started charging the higher credit price for debit transactions, and I'll only patronize stations that charge the lower cash price for debit transactions.

Resistance to change is harder to overcome, but once the change is in place, people will complain for a while, then forget that it was ever different in the past.