The embarrassment of having your credit card declined is bad enough -- but why did it happen? There are many reasons why a credit card payment can be declined. We have listed the common reasons for such a refusal of payment.
Incorrect data: If you have entered a wrong billing address while buying a product online, or if you have entered a wrong credit verification value (CVV) or a wrong code for 3D secure password, the transaction will be declined.
Paying using non-Indian card: If so, please contact your card issuer bank and explain them that you are trying to purchase from Indiwear.com - an online store. They should approve the transaction. Your banks might block your cards for security issues for international transactions.
Credit Limit: There's a a fixed credit card limit (the maximum amount you can spend on your card preset by the issuer during the issuance), which if you cross or are very close to crossing could cause decline of payment.
Uncommon purchase: You have only used your credit cards to make bill payments online and suddenly you buy an expensive jewelry of Rs 50,000, this transaction will be rejected even if you have enough credit limit. The reason why such a purchase can be declined is because your credit card company thinks that it is unusual for you to do such a purchase.
Unknown location: If you live in US and if there is a credit card payment in, let's say, Russia. This transaction will be declined, because historically, all your swipes have been in US, the lender will assume it is fraudulent transaction. So if you are travelling abroad, it is a wise step to call your credit card company and inform them about your scheduled trip.
Different currency: If you have always made bought in dollars and suddenly if you use your card to buy an outfit online in rupees that too with a heavy amount, this transaction might be declined. Call your credit card company and give them a heads up before making such a purchase.