11 September 2014

Word for the day: "knuckle-buster"

[A] 68-year-old Ohio businessman has stockpiled more than 8,000 of the old-fashioned credit-card-processing machines, known for their tendency to scrape the fingers of the merchants who operate them. Mr. Matthews keeps the machines boxed up individually on the shelves of his 12,000-square-foot warehouse, ready to be shipped at a moment's notice. He has enough spare parts to assemble another 2,000 if need be...

But Mr. Matthews has been ringing up a few more sales lately. He credits a series of high-profile security breaches—including an incident that prompted restaurant chain P.F. Chang's China Bistro Inc. in June to start using manual imprinters at its 200 restaurants—for easing the knuckle-buster bust, at least temporarily...

He says he recently was forced to pay cash at a bar while vacationing in Lake Tahoe because a sudden storm knocked out power and the restaurant didn't have a knuckle buster on hand. The devices are also sometimes used by merchants who don't have immediate access to an electronic system, such as a car-service driver or a seller at a street fair.
More at the Wall Street Journal.

1 comment:

  1. One problem with that is that some of the newest cards do not have raised characters anymore. They're designed so someone can't just take an unauthorized rubbing and get your numbers.


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