Everything You Should Know About an Electronic Signature

Thursday, June 19, 2014

E-signaturesWith the arrival of digital, thereby, paper-less era, many things have changed over time. One of the first things to go out the window is paper-based signatures. These have been substituted over the past decade with electronic signatures.  

What is an Electronic Signature?

According to official documents, an electric signature is a sound, symbol or process that a person uses to sign a record. Also known as an e-signature, it is an electronic expression that shows a person’s agreement to the terms and conditions of a specific document. 

Facts about Electronic Signatures

In addition to the definition of an electronic signature, you should be aware of the following. 

  • Even though you may not realize this fact, but you have already been offering your electronic signature on the internet. Every time you click on “I agree”, you are actually providing an electronic signature to signify that you will comply with the terms and agreements mentioned.

  • Using electronic signatures is a quick way of executing urgent orders or plans. It takes no more than 45 seconds to accomplish this task. Moreover, the signed document can be easily forwarded using a specialized smartphone app built for this purpose, ensuring convenience from every angle. 

  • When dealing with electronic signatures, organizations that accept them consider a lot of factors to ensure the integrity and reliability of the signer. This is done by recording the signer’s IP address. Other alternatives include providing a username and a password or answering a security question. Keep in mind that there is no specific guideline in this regard as methods of authentication are plenty.

So the next time someone asks you for your e-signature, keep this information in mind.