What that means is they currently have to source terminals and other hardware themselves, paying giants like Visa/Mastercard. If a push comes from the govt, the chances they might cover these costs ar...
I understand that completely. The ECB isn't covering a cost; they're redirecting it. Phrasing things like that redirection is the "after all" reason retailers "will be pleased" is highly presumptuous. I assume by contrast that many retailers will still dislike the ECB after they get their "free" terminals.