Why iTunes does not recognize my credit acc.

I want to use iTunes to purchase applications for my iPad, but the system don't recognize my account as a valid one. I don't understand why because my credit card is a valid one used every day in Puerto Rico and US.
Do any other person is having the same situations? How to solve this?
Thank you.

The same with me: I live in Italy.
My credit card is right: I use it every day, but iTunes Store is having an issue from friday!
I contacted the support: they told me the issue is about the crad, not iTunes Store...

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