Child Racks Up 1700 Pound Bill On iPad

The video discusses the issue of children making in-app purchases without understanding the financial implications, leading to significant bills for parents. It highlights a case where a child spent over £1700 on in-app purchases. The video explains Apple's restrictions and parental controls to prevent such incidents and advises parents to treat passwords like PINs. It also mentions that while a refund was granted in this case, it is not the norm under Apple's UK policy.

What is the significance of treating a password like a PIN according to the speaker?

What exception exists in Apple's UK policy regarding refunds for in-app purchases?