Hey there! Nice to meet you!
Based on your description, please ensure that your payment methods are up to date and have no recent restrictions imposed by your bank.
If the issue persists, you will need to contact Microsoft Billing Support for further assistance, as they have the tools and resources to properly investigate this case:
Type "Billing issue" > click "Get Help" > Scroll down to Sign in to Contact Support > Microsoft 365 and Office > Billing and Payment Updates > Confirm > Chat with a support agent in your web browser
Thank you for your understanding! Please let me know if you need anything else.
Best regards,
Darhyl