Payment Processing Unavailable, Try later

Does anyone else receive this message? Every time I connect and try to update my credit card info, I get told that payment processing is unavailable at this time. Try later.
Well, it is later, and later never works either.
Mike

Good news. ITunes helpdesk solved my problem with these lines:
"Although I understand you've already verified your information multiple times, just have a look at your information as it is located on your account at MyInfo:
https://myinfo.apple.com/cgi-bin/WebObjects/MyInfo.woa
Ensure that your information matches exactly: including capitalization, abbreviations, punctuation etc. Also, _ensure that there is an evening phone number provided in the appropriate field_. Once you've verified that, try removing the credit card information, and re-entering it. "
This worked flawlessly... try it.

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Payment processing is temporarily unavailable. Please try again later.

Payment processing is temporarily unavailable. Please try again later.
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Hi all, received a reply from apple....still not working though
Hello Kate,
Greetings! My name is Raphael, an Advisor of the iTunes Store Customer Support and I'll be glad to assist you today. I'm sorry to hear you encountered an error updating your billing information.
The error may have been caused by a temporary issue with the iTunes Store that should be resolved now. Please check the iTunes Store again. All features should be working well.
Please try another connection that is faster than your current connection. If this is not possible, please continue to attempt to update your information.
Please know it is advisable to update your billing information using a computer rather than an iOS device. If you want steps on how to update your information using a computer, please let me know and I'll be happy to provide the instructions.
I hope that this information is helpful.
Sincerely,
Raphael

HT5622 Pls why do I keep getting this message "Payment processing is temporarily unavailable. Please try again later.... Every time I try to purchase something ????

Payment processing is temporarily unavailable. Please try again later..... That's all I've received all day, can't even change my payment type to none

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I just did this and it worked for me after a frustrating hour (sorry about your 24 hours):
1) Make sure you are using the latest version of iTunes. It can be downloaded free of charge at the Apple website: http://www.apple.com/itunes/download
2) Open iTunes.
3) From the Store menu, choose Sign In.
4) Enter your account name and password then click Sign In.
5) From the Store menu, choose View My Account.
6) On your Apple Account Information page, click Edit Payment Information.
7) On the Edit Payment Information page, select the None radio button to completely remove all your credit card info.
8) Click Done, and then click Done again.
9) From the Store menu, choose Sign Out and then close iTunes completely.
Once you have removed your credit card info, follow these steps:
1) Using your web browser, go to the My Apple ID page at: http://appleid.apple.com/
2) If the site is not displayed in your preferred language, click the Change Language link in the upper-right corner, type the name of your language in the field that appears, then click the Save button.
3) Click the "Manage your account" link.
4) Type your iTunes Store account name (which is your Apple ID) in the Apple ID field, type your password in the password field, then click the Sign In button.
5) Click "Addresses" in the left column.
6) Edit your addresses and make sure the appropriate state is selected for all of them, then click the Save Changes button at the bottom. 7) Next, click "Phone Numbers" in the left column.
7) Ensure your phone numbers are formatted correctly (i.e. the area code is correctly typed into the area code field).
8) Click the Save Changes button.
After you have updated your billing and shipping address, follow these last steps:
1) Open your web browser, and navigate to the Apple Store Online: http://store.apple.com
2) At the main window, choose the option to Review Your Account.
3) Log in with your iTunes Store account name using the same password you use in the iTunes Store.
4) At the Your Account screen, choose the Change Account Information option on that screen.
5) Enter your credit card billing information, including the shipping address information.
6) Choose the proper county for your address. Click continue. Your account will then be updated, and a pre-authorization amount will temporarily be charged to your credit card (which will be automatically removed). Once your account is updated, close your web browser.
7) Launch iTunes. Your iTunes Store account should work normally.

Payment Processing Unavailable, Try later

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