Godaddy CheckOut Issue – There was a problem authorizing your credit.

Recently, when I tried to buy hosting space from Godaddy, I landed up in a page stating, “There was a problem authorizing your credit. Please verify your payment information or use an alternate form of payment.” after I provided my credit card information.

There was no further information on the reason this could have happened. I have been using the same card on GoDaddy and have made at least 10 purchases and my credit limit was still more than $800.

I googled this issue and found that similar issues have happened with people using paypal but not credit card. Anyone who has had similar issues please let me know.