I want to stop using my Apple ID for my iPad, which I will give my daughter.

Dear friends,
A month ago, I bought an iPad 4 for my 4-year-old daughter. I have used my Apple ID and bank account to buy Apps to install on the iPad. Now I do not want to use my Apple ID and bank account for this iPad (but I will use them for my iPhone 5). I live far away from my daughter and I have bought enough educational Apps for her. If my Apple ID and bank account are being used for this iPad, my daughter may click commercial Apps and that will be trouble for me.
Now I want to use my wife's email address as a new Apple ID (she does not have a bank account, but she has her own laptop).
Can I still keep the purchased Apps on the iPad for my daughter? How can I change the Apple ID  and stop my bank account for this iPad?
I am not a technician and English is not my mother tongue, so please use simple language when you give me instructions.
Thank you very much for your help.
Happy New Year!
Best regards,
Le (Mr)

Try getting a credit card from the same people who issued the debit card. If I read the home sharing paper properly after your set it up with the credit card you can change the payment method back to debit.

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