As merchants prepared to swap out their aging magstripe terminals for modern EMV card readers, some acquirers hoped that this widespread demand for equipment would flood ISOs with revenue from terminal sales.

But with the Oct. 1 deadline for EMV adoption well behind them, ISOs report that they have yet to see the glut of business that some had predicted. What's more, some acquirers say the new equipment has proven to be an added expense, as opposed to a profit center.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry