1 . Your account will be suspended, and you will get an email on your registered Email ID, explaining how you can retrieve it. You need to click on "Renew My Plan" to Unsuspend your account.
2 . The Status of your Account will change to Suspended when you will log in into your Client Area.
3. You will have to provide a new payment method or to confirm your identity in case the payment failure is due to security issues.
4. Post renewing the account with the new payment method, Your account will be verified and subscription will be activated.