【Common Causes of Payment Failures】
- Insufficient FundsYou may forget to check your account balance before making a transaction or exceed your credit limit.
- Incorrect Payment InformationIncorrect card numbers, Card Verification Value (CVV) codes, expiration dates, or billing addresses can easily lead to payment failures.
- Expired CardsYou may not realize your card has expired or forget to update your card information.
- Fraud PreventionBanks and payment processors often use fraud detection algorithms to flag suspicious activity, which can result in legitimate transactions being declined.
- Insufficient Credit LimitYou may not have sufficient credit available.
- Account RestrictionsWe may impose daily or weekly credit limits to prevent fraud.
- Technical IssuesInternet connection issues or issues with your device may prevent you from completing the payment process.
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