Is it Better to Use a Payment Processor to Avoid Having to Buy an SSL Certificate?

admin September 25, 2013 Comments Off on Is it Better to Use a Payment Processor to Avoid Having to Buy an SSL Certificate?
Is it Better to Use a Payment Processor to Avoid Having to Buy an SSL Certificate?

An SSL certificate is often used on e-commerce websites that use merchant accounts for processing payments. With these sites the bank details are entered directly in to the website and so the customer will want to make sure that their banking information is kept private. This is usually done using an SSL certificate to encrypt the data and therefore make sure that if it is intercepted, it is kept safe. These certificates have to be paid for.

Some people use a payment processor rather than a merchant account for processing their online payments. They find this is more convenient for their needs and it can sometime be cheaper as well. If they do this, then they will find that the payment actually takes place on the website of that payment processor. This means that there is no need to have encryption as they will have it.

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This can therefore avoid the need for an SSL certificate and keep the cost down. However, the payment processor may have higher charges than the merchant account. They may also need customers to already be registered with them, which may put some people off. Some are more well-known than others and so this is worth bearing in mind too. Also some are more popular in certain countries than others and so this may have a bearing on whether they will be the right choice for your customers. You can find more information about SSL certs at https://www.gogetssl.com.

It is also worth bearing in mind that some people may not realise that the payment processor will take them off the site so they may look to see if the website is safe before making a payment anyway. It may be best to alert them to this, if you feel that it might make a difference or to even get an SSL certificate anyway.