There&#x27;s an interesting set of incentives at play. The October deadline was actually a shift in liability - now businesses still using swipe transactions will become liable for any losses due to fraudulent transactions, while the card companies will continue to be liable for chipped ones.<p>Beyond that I don&#x27;t know too much - maybe the price of the hardware is such that it makes sense to risk it for a little while before buying a chip-capable machine (do people lease them?). The part I <i>really</i> don&#x27;t understand is that there are businesses with chipped terminals that still insist on you swiping, I can&#x27;t work out why they&#x27;d want that at all.