As in, you haven't seen old POS terminals replaced with new ones?
At least in the US, you're going to see lots of this happening in the next year. Starting October 2015, the major card brands have dictated that merchants will be liable for fraudulent transactions processed via the magstripe (as opposed to EMV).
That means lots and lots of new terminals. Square's also got an EMV compliant reader coming out soon.
> Square's also got an EMV compliant reader coming out soon.
Chip and signature though, not chip and PIN. I can't see anything from square about the liability for chip and signature, but it's normally on the merchant, not the bank.
Is it, though? I haven't seen many new POS terminals in a long time.