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Sep 25, 2015 1:25 PM in response to Bipinproby imobl,accepted forms of payment: https://support.apple.com/en-us/HT202631
Is your credit card listed on that link? What country? What issuing financial institution?
Is it a pre-paid credit card? Are you sure it is a credit card and not a debit card?
If there is any discrepancy between the information your bank has and the information
you entered into iTunes, you will get that error message. Even trivial differences
such as using Ave as the abbreviation for Avenue in one place and Av in the other,
or using your middle initial in one place and not the other.
Contact your financial institution.