HT4623: Update the iOS software on your iPhone, iPad, and iPod touch
Learn about Update the iOS software on your iPhone, iPad, and iPod touch
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Mar 4, 2013 8:16 AM in response to sachin kapoorby Phil0124,Go into the Itunes store and select an item to purchase, if you have a Credit Card associated with your account, or you have redeemed an iTunes gift card and you have enough balance to cover the cost of the App, you can then purchase it and it will begin download.
iTunes Store: How iTunes Store purchases are billed
http://support.apple.com/kb/HT5582
It works essentially the same for the App Store.