Families across the nation are facing an unexpected financial challenge: unauthorized online purchases made by children. From virtual currencies like Robux and V-Bucks to accidental orders on platforms like Amazon, these purchases are becoming increasingly common and can cost parents hundreds of dollars before they even realize it.
A national survey by Talker Research reveals that one in three parents have experienced their child making online purchases without permission. These purchases average around $170 and include items ranging from video games and clothing to high-tech gadgets like smartphones and computers.
The Federal Trade Commission (FTC) has taken steps to address this issue, notably in a case against Epic Games, the maker of Fortnite. The company agreed to pay $245 million to settle allegations of using design tactics that led to unwanted purchases, particularly by children, without requiring parental consent.
Steps to Prevent Unauthorized Purchases
Experts recommend several strategies to help parents avoid surprise charges. One effective method is to activate parental controls on devices before allowing children to use them. Most smartphones and tablets offer settings that require passwords, Face ID, or fingerprints for purchases. Gaming consoles like Xbox, PlayStation, and Nintendo Switch also provide parental settings to block purchases, require approval, set spending limits, and restrict access to certain games or apps.
For platforms like Amazon, parents can remove saved payment methods and disable voice purchasing through Alexa devices. Regularly reviewing receipts and purchase histories, rather than relying solely on bank statements, can also help parents catch unauthorized purchases early. Apps such as Bark, FamiSafe, and Google Family Link can assist in monitoring screen time, app downloads, and purchases.
Teaching Financial Responsibility
Beyond technical measures, these situations can serve as teachable moments about financial literacy. Parents can set spending rules, review purchases with their children, teach budgeting basics, and explain the concept of digital payments. It’s important for children to understand that digital money is still real money.
If a child accidentally makes a purchase, parents should contact the platform or retailer to check refund policies, remove saved payment information, and update parental controls and passwords to prevent future incidents.
Original reporting: 40/29 / KHBS (NW Arkansas) — read the source article.
