How do I change my payment method on my iPhone?

Many people are facing problem while updating payment on an iPhone. You may be getting an error on iPhone that “your payment method is invalid”. We discussed similar topic How to change payment method on iPhone, iPad, iPod touch or Mac

If you are facing an error while updating payment method on iPhone then Try updating to the latest version of iOS or iPad OS or mac OS. If you have subscriptions, have an unpaid balance, or share purchases with your Family Sharing group, you can’t remove all payment information. Get help if you want to use no payment method with your Apple ID.

How do I change my payment method on my iPhone?

To update a payment method on the iPhone:

1. Open Settings and tap on Your Name -> iTunes & App Store.
2. Tap on your Apple ID, then tap View Apple ID and enter your password.
3. Tap Purchase History to see if there are any unpaid purchases on your iPhone.

If you have any unpaid purchases, tap on them to update your information and make the payment.