President Barack Obama has revealed that his credit card had been declined at a New York restaurant.

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The 53-year-old US President told the crowd at the federal Consumer Financial Protection Bureau, that during a UN General Assembly meeting as he had stepped out for a bite at a restaurant, his own credit card had been declined, News.com.au reported.

The bill had to be paid by the First Lady, Michelle Obama, and the President added that the restaurant staff believed that there had been some fraud.

As 100 million people had faced breaches last year, Obama has introduced a new data protection plan, in which all government-issued credit cards shall have an internal chip that would replace the old magnetic strips to reduce the potential for fraud and protect from identity theft.