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Re:'My son spent £3,160 in one game' by commandlinefan on Monday July 15, 2019 @05:19PM (#20445384)
> they gave the kid their credit card

These systems are set up so you really don’t have much choice, though. My son will come to me and say, “Dad, I have some money from Grandma, can I use it to buy willywhacker 2 for my iPod?” I’ll say, “sure” - then he’ll hand me the $5 he got from Grandma and I’ll type my credit card number into wherever the game expects it to be and try to check the “don’t remember this card for future use” check box (if it’s there and if the game actually honors it). My kids are really good about asking before they make purchases, but a lot of these apps are designed to trick you - that’s how they make profits.

Re:'My son spent £3,160 in one game' by JD557 on Monday July 15, 2019 @05:24PM (#20445423)
This seems like a nice use case for virtual credit cards with a very strict limit (just create one with $5).
Re:'My son spent £3,160 in one game' by oposa on Monday July 15, 2019 @06:21PM (#20445833)
There is a lot you can do, but you shouldn't have to. This isn't someone burning down their school. This is the first world becoming the third world in digital.

In the third world you always to watch yourself so you don't hurt, scammed or abused with little recourse. So being curious, doing something different or challenging the status quo becomes a liability. Eventually there isn't much development at all, only corruption and people knowing their place.

When you buy something in a store with cash in person, after having it shown by an employee, you can still in most cases return the thing at your will. But when some clicks a button moving a few bytes with a digital payment that in reality costs nothing, there is of course nothing that can be done. This industry is just increasingly rubbish.

Don't click this, don't open that e-mail and don't answer the phone. You don't know who it is from or who it is going to. Don't have that password, don't type it there, don't have it too long and don't make it too short. We can automate your job, but not authentication. Don't publish that, don't vote like this and don't live here. Know your place.

(At least my banks haven't offered virtual cards for many years).

Re:'My son spent £3,160 in one game' by hombre_fatal on Monday July 15, 2019 @11:33PM (#20447273)
Well, then the USA was "third world" long before in-app purchases. When you give someone your debit/CC info, they can basically pull infinitely from your account at any point in the future thus you have to remain eternally vigilant because you once gave someone $5. Which you didn't even do. You gave them the key to your account and trusted them to only take $5, that's how crazy our system is.

Better financial tools/primitives would have gone a long way to prevent the issue in the article which most Americans don't have. I shouldn't need my bank to hopefully create a "virtual card" feature (it doesn't). It should've been ubiquitous 20+ years ago.

This is one reason I use Paypal: I can see a list of organizations authorized to take money out of my account. My bank account and credit cards? I have no fucking idea who might show up next month. Maybe that thing I "canceled" on their website four months ago?

Or I use bitcoin because it's basically cash.

Re:'My son spent £3,160 in one game' by commandlinefan on Monday July 15, 2019 @05:45PM (#20445583)
Yeah, there are also gift cards you can buy at the grocery store (for a $5 activation fee!), but I've actually found that a lot of merchants don't accept them - they have some way of telling which credit cards are "unlimited" and which are gift cards and just rejecting the gift cards as "suspected fraud".
Re:'My son spent £3,160 in one game' by kaokien on Monday July 15, 2019 @08:19PM (#20446496)
You can purchase specific amounts for a lot of vendors, take the time to research the product and plan accordingly and many parents will not have these issues. If using the apple App Store it is the easiest I've come across with setting limits, controlling downloads and purchases, you can add funds instantly so your child never has your card number. Unfortunately everyone believes they never have the time, even though these devices are easier then setting up a family PC was in the early 00's
Re:'My son spent £3,160 in one game' by dom96 on Monday July 15, 2019 @05:45PM (#20445581)
Can't you buy him a gift card?