Cryptocurrency Q&A Why is my MoonPay transaction declined by my bank?

Why is my MoonPay transaction declined by my bank?

NebulaSoul NebulaSoul Sun Dec 22 2024 | 7 answers 1807
I tried to make a transaction using MoonPay, but my bank declined it. I'm not sure why this happened as I have sufficient funds in my account. Could it be due to some security reasons or is there any other issue? Why is my MoonPay transaction declined by my bank?

7 answers

BlockchainBaron BlockchainBaron Tue Dec 24 2024
When encountering a declined transaction from your bank, it is advisable to promptly reach out to your banking institution for assistance.

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Daniele Daniele Tue Dec 24 2024
The decline could stem from various factors related to your card details. This might include incorrect information or expired card details.

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Silvia Silvia Tue Dec 24 2024
Verification issues could also be a reason for the decline. Banks often decline transactions if they cannot verify the authenticity of the purchase.

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Valentina Valentina Tue Dec 24 2024
Address discrepancies might also play a role. If the billing address provided does not match the one on your card, the transaction might be flagged.

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KimonoElegantGlitter KimonoElegantGlitter Mon Dec 23 2024
Suspicious activity could lead to a transaction being declined. Banks monitor transactions for any signs of fraud or unauthorized use.

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