Student Credit Card and Credit Education Blog

Current events and opinions about student credit issues

01.25.08 | Get ready to charge your card at the table

Posted in General Financial Information by Platinum Stud

Outside of online shopping, studies have shown that the highest rate of credit card thievery is from using it to charge meals at restaurants. This issue may soon change, with the recent step to charge your dinner at the table you’re sitting at. A Ruth’s Chris Steakhouse in Texas is currently testing this feature through the use of a wireless payment processing unit, created by Verifone. The goal is to both quicken patrons’ checkout as well as greatly lower the chances that a card number will be taken by a dishonest employee. Read more about this new technology and fraud prevention system in their press release.

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