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Mystro-Sama said:
I was under the impression that each purchase required a password.


No Apple first had it where you only had to put it in once to get free reign, then put a 15 minutes of free reign once kids started to put $1000's on their parents cards. I'm pretty sure google does the same thing if you have a credit card attched to the account but they allow you to download the apps without a Credit Card on file, Apple requires one, which is kind of a step up. (You can set up an account for your children that has no card attached and they can play to their hearts or the developers content without the risk of loosing money.)