HT6154 If I buy the phone with AT&T contract then how would I pay the monthly instalments?

If I buy the phone with AT&T contract then how would I pay the monthly instalments of $60 after paying $199 down payment?

I mean that as I want to buy IPhone 5s with AT&T and in that i need to pay $ 199 initially and after that i need to be in contract for 2 years paying them the charges of $ 60 per month for their network usage. I want to know that how they would take the money from me every month??
iPhone 5s, iOS 7

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