Unable to use Debit Mastercard to pay for apps anymore.

I had used the same card all this while (for over a year now) and never had a problem but now all of a sudden, my "payment method is being rejected", even when I have sufficient funds.Does anyone know why? My phone runs using the iOs4.3 software if i'm not mistaken.

What is the problem exactly? payment methods declining/not accepted or error messages along the lines of unable to contact server?

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