The steps for updating the payment method in CAMPs are: 1. Start off by Signing in to CAMPs via the Intuit account. 2. The next step requires locating the billing or payment section within the account settings. 3. Make a move to the option to update or change your payment method. 4. The next step requires following the on-screen prompts to provide updated payment information, such as credit card details or bank account information. 5. Follow up by reviewing the changes made and then save them.