Payment not valid in the Dominican Store

Since yesterday I started noticing this issue with an in app purchase, I discovered that all of a sudden my valid credit card, issued in my country, does not work in my local iTunes store (Dominican Republic). Today I called my bank and they told me that non attempt of purchased therefor no declines were registered in the bank's system, so this must be iTunes Store's fault. I did a little research on Twitter and a lot of people are having the same issue with their local iTunes Store.
No solution will come by complaining over here, just to let know you all that I am having difficult using my credit card.

Just to let you know that I successfully purchased a song but still having issues making in app purchases (endless loop of billing info confirmation).

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