What is SSL (Secured Sockets Layer)?
How SSL works
Processing transactions securely on the web means that we need to be able to transmit information between the web site and the customer in a manner that makes it difficult or not worthy for other people to intercept and read. SSL works through a combination of programs and encryption/decryption routines that exist on the web server computer and in web browsers (like Netscape/Firefox and Internet Explorer) used by the Internet public
What is an SSL Certificate?
SSL certificates becomes the "passport" or the digital document that verify that the security and authenticity of the interaction.
Save 20% on Premium Website Security SSL at GoDaddy.comThe SSL certificate is installed on a web server to identify the business using it to encrypt sensitive data such as credit card information. SSL Certificates give a website the ability to communicate securely with its web customers. Without a certificate, any information sent from a user’s computer to a website can be intercepted and viewed by hackers and fraudsters. It is similar to the difference between sending a post card and a tamper proof sealed envelope.
Source of the text above - http://www.evsslcertificate.com/ssl/description-ssl.html
If you want to know how SSL Works, here it is:
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