It would be very difficult for a kid to rack up a huge bill on his parents credit card buying virtual items. The majority of websites which offer these items will have purchase limits in place. The limits will gradually increase over time depending on purchase frequency and monthly volume.
There would be no way for a kid to just show up with a credit card and make an out-of-character purchase of $1k+. This is especially true for games with tradeable items. This is true for the same reason that you can't just show up and buy BTC with a Credit Card. Fraud would be rampant.
There would be no way for a kid to just show up with a credit card and make an out-of-character purchase of $1k+. This is especially true for games with tradeable items. This is true for the same reason that you can't just show up and buy BTC with a Credit Card. Fraud would be rampant.