What is SSL secure payment?
Online transactions have grown exponentially. The need to secure financial transactions on the web is increasingly being felt. Thus, Netscape in collaboration with MasterCard, Bank of America, MCI and Silicon Graphics developed the SSL standard. It is a technique of public key cryptography to enhance the security of data transmissions over the Internet. The concept is simple, using an encryption algorithm, a communication channel will be created between two or more computers, after an authentication step. This will make it difficult for malicious people to get hold of the various data on the Internet.
Application of SSL on banking transactions
Secure Sockets Layers (SSL) are used for online banking transactions. To get a concrete idea of how it works, you have to take a simple example. You are on a shopping website and you want to purchase a product. To do this, you will need to enter some fairly sensitive data, such as your bank card number. If you are on an online store that does not use SSL, your data may be found in the clear on the Internet. To avoid this kind of disaster scenario, SSL will ensure that your information is encrypted. As a result, your credit card number will not be circulated on the Website, it will not be readable. This process remains a reliable technique and is used by many website. In fact, SSL often benefits from improvements such as strengthening the encryption algorithm. In other words, using Secure Sockets Layers (SSL) remains a simple, yet effective solution to data theft over the Internet.
So once your order has been placed with us, neither we nor anyone else will never be able to see your banking information.
