Method of payment is not accepted.
How to fix error on the previous payment, which caused the problem?
iPad 2, iOS 6.0.1
Apple Event: May 7th at 7 am PT
How to fix error on the previous payment, which caused the problem?
iPad 2, iOS 6.0.1
For everything you need to know about accounts.
Apple - Support - iTunes - Account & Billing
You will probably have to go via the Express lane route; fill in the details and ask them how you can resolve your problem.
You're probably violating T&C of the iTS. Pre-paid cards are also a definite no-no.
Method of payment is not accepted.