I use verse can I make payments with it

See -> Payment methods you can use with your Apple ID

Payment methods you can use with your Apple ID – Apple Support (UK)

You can also use your Apple ID balance as payment method: Add money to your Apple ID balance

Add money to your Apple ID balance – Apple Support (UK)

What you can buy with your Apple Gift Card or Apple ID balance

https://support.apple.com/en-gb/HT211187

How to redeem your Apple Gift Card or App Store & iTunes gift card

https://support.apple.com/en-gb/HT201209