Not necessarily. There is a huge number of games offering alternative online payment methods. For example, game cards (even children are allowed to use them).
There are also online games offering a payment with a prepaid card called Paysafecard. You can get it almost anywhere in Europe, UK and USA. You can check their homepage for the nearest store locator. You don't need a credit card if you have paysafecard.
Virtual credit card
Virtual terminal credit card processing is a technology that allows online merchants to process and accept credit cards as a form of payment. It allows the consumer to pay for items online with a credit card, making the purchasing process much easier.
"A Virtual Credit Card is a Credit Card that exists solely online. One may benefit from it by not having to keep track of the location of a physical card, nor having to worry about their copy getting lost or stolen."
In electronics it stands for "common collector voltage" (Vcc) Online it stands for " virtual credit card" .There are many sites selling virtual cards for online purchase.
Now a days we don't need credit cards anymore for playing online games. You can just get a prepaid game card and get access to online games.
A virtual credit card is almost like a normal credit card but it used only over the internet. It is a one time use credit card, that allows you to set your own limit. It is important to contact the merchant before using the virtual credit card for purchases because not all merchants will accept them.
Virtual credit cards are best alternative used for account ownership verification for paypal, ebay, amazon, etc. They are also used for shopping online and preferred by online users who either do not have a credit card or those who afraid of using their actual credit card numbers due to fear of being tricked by the hackers. Virtual credit cards are available on the Internet via website selling them. For more on VCC, consider reading articles published at paypal-vcc.com
There is a chances of misusing while sharing credit card number with others. The amount can be misused. So to avoid this buy virtual credit cards which are more secure for online transaction.
It is very risky to use your phone as a virtual credit card, things can be broken, lost, or copied very easily. You can use it as one but I advise it is better to use a real one. If you do not feel safe carrying a credit card than it is very useful to use a virtual credit card.
To register for a virtual credit card you need to find a reputable site that has them. You then open an account at the site and fill out the application form.
A virtual credit card terminal works the same as a regular terminal without having to physically swipe your card. It takes the information put in and uses that to process the transaction.
One can pay credit card bills online by consulting with the website of their credit card company. Many companies offer an option to pay credit card bills online.