How do you update a payment
You can make any billing changes by going to Account Settings > Billing.
Update Payment
To change your payment information, click the (update) link:
A popup will allow you to change payment methods or update your billing information:
After entering your new information, be sure to click the Update button.
Remove Payment
To remove your credit card you will first need to Cancel your subscription on the right-hand side.
A popup will appear for you to confirm the cancellation. Once that's confirmed, you will see a "clear" link displayed next to your credit card information. Select the update or clear link to change your billing information.
You can find more details about the Billing process here.