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U.S. President Barack Obama.(Reuters / Larry Downing)

U.S. President Barack Obama.(Reuters / Larry Downing)

US President Barack Obama insisted that he really has been paying his bills, after his credit card was turned down at a posh New York restaurant. First Lady Michelle was forced to pick up the tab following the hiccup.

Obama revealed the slip-up as he was signing a new anti-fraud order into law on Friday at the Consumers Financial Protection Bureau. The law will make chip and pin technology compulsory on all federal government credit and debit cards, the Huffington Post reported.

“It turned out I guess I don’t use it enough, so they thought there was some fraud going on. I was trying to explain to the waitress, ‘No really, I think that I’ve, uh, been paying my bills.’ So even I’m affected by this,” he quipped.

Although the president said the incident happened in New York, he didn’t specify where. However, it was previously reported that the Obamas visited the upmarket Estela restaurant in Manhattan last month.

Read entire article at RT