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Credit card accepted then rejected

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When I link my Visa to my account first it says that the card is successfully added, then when I try to pay for the ordered content in the PSN store it says 'Your transaction  cannot be processed at this time. Try again in a few moments, or you can try making this purchase from the Playstation(R)Store on your Playstation(R)Console.' 

 

If I try to add funds to Wallet, it says that 'The credit card information is not valid. Please check your entries carefully.' Now, I am pretty sure I added all the information correctly because this is the same card I was using 2-3 months back. I have removed it earlier because I didn't want to be my own victim of impulsive FIFA points buying and now when I try to buy using the same card again, it won't work.

 

Anyone experienced the same?


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