Online Payment Security
Online payments has become mainstream. Online payments can be safe if you use companies with trusted payment processors. Three of the most well-known online payment processor companies include:
Although these are not exclusive (others include Moneris and StormPay), these three particular companies use
128 bit SSL encryption technology. SSL stands for Secure Sockets Layer and
is the defacto standard for secure online payments. Web sites that accept payments
using technology from Paypal and WorldPay are secure. They use the highest standard
of online payment system technology.
Another sign that the company you are paying has a secure online system are
the symbols of Verisign and BBBOnline. Verisign Trusted and BBBOnline Trust
websites must meet stringent requirements to qualify to use their symbols. Below
are examples of the symbols of BBBOnline and VeriSign.
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| BBB Online Logo |
Old VeriSign Logo |
New VeriSign Logo is actually a Macromedia Flash image that cannot be shown on this site |
Online payments is a growing trend. It is as safe as other forms of payment,
but, you must be careful who you give your info to just the same as giving your
credit card info to a retailer in-store, or over the phone.
Note that when you pay using Paypal, the person / company you are buying from does not
receive your credit card info. In that respect, it is safer than giving your credit
card number directly to the seller.
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