How do I verify payment information in itunes

We have been using Apple TV without problems. Now it has just asked me to go to the itunes store and verify my payment information. I have gone to the itunes store and opened my account. The information is correct but I can't see where or how I verify it.
Thank you
Nina H.

I noticed this question was posted in May of 2014 and there still isn't a productive answer.  We're having trouble making purchases on our Apple TV because it's asking us to verify.  We put in our CC security code and asks us to go to the iTunes Store to verify payment information.  Apple is usually really good at producing simple user navigation; however, this is proving to be a nuisance.  Having to make purchases on my iPad or computer, wait for the download to finish, then access my content.
Can someone provide step-by-step instructions as to how to verify my payment information "on my computer", "in the iTunes Store".
Look forward to your response.
Thanks.

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