Yes, even the president of the United States gets his credit card declined.
As President Barack Obama signed an executive order to beef up security for government-issued credit and debit cards, he told the story of how his card was rejected at a restaurant while he was in New York last month to attend the United Nations General Assembly.
“It turned out, I guess, I don’t use it enough, so they thought there was some fraud going on,” he said. “I was trying to explain to the waitress, you know, I really think I have been paying my bills.”
The executive order signed on Friday would, among other things, replace credit, debit and other payment cards used by the government with those that have enhanced security features, such as PINs and microchip-embedded plastic instead of magnetic strips. Federal investigators also will share more of their discoveries about stolen financial information with affected companies.
Apparently, Obama was able to take care of the dinner tab despite his rejected card.
“Fortunately,” he said, “Michelle had hers.”
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