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Feb 11, 2015 10:41 AM in response to JamesHangby joe_7399,Hi JamesHang,
Welcome to the Apple Support Communities!
I understand that you have your Apple ID set up with your payment method, but are receiving an error while trying to set up Family Sharing with your child. This could be because the form of payment you have on file is a debit/credit card and not solely a credit card. To set up an Apple ID for your child, the form of payment must be a credit card.
Create an Apple ID for your child
Before you begin, make sure that you're using a credit card as your iTunes Store and App Store payment method. To comply with child online privacy protection laws, you will use the CVV or security code from a valid credit card as part of providing your parental consent. If the card on file is a debit card or another payment method, you’ll be asked to provide a credit card before you can continue. After you create the child's Apple ID, you can change your payment method back to a debit card.
Family Sharing and Apple IDs for kids - Apple Support
Best regards,
Joe
