Well the short answer is yes.
The long answer is that having found the right template, you now need to test your html and smarty skills.
Basically what you have there is a loop that creates a radio button for each payment option you have. Depends on how many payment options you have how you approach this and whether they may change.
You may just want to place the images in a table to the left of the loop, or you may want to replace the loop with an input for each one of your options, or you may want to recode the whole loop to look how you want.
It is up to you, your options and your skillset now.
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