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What is Electronic Signature?
An electronic signature is a legally valid signature to give approval on electronic documents and forms. It works as a replacement for handwritten signatures and provides ease in all virtual communication.
Legally binding Also known as e-signatures, electronic signatures are legally binding and are applicable in all industrialized countries in the world
Fast, cost-effective, and environment-friendly E-signatures can speed up transactions and save precious time. A lot of money can also be saved because of reduced spending on ink and postage.
Difference between electronic and digital signatures Digital signature is a specific type of electronic signature that uses certificate-based digital IDs from service providers to show proof of signing.
Electronic proof of delivery (ePOD) ePod is the digital signature acknowledgment of a traditional receipt. An electronic signature of the customer is taken for the delivered order and helps in reducing on-ground formalities and increasing the real-time visibility of the supply chain.
Most digital and contactless services have seen increased adoption since April. With more than half of new and increased users reporting an intent to continue post-COVID-19. by McKinsey Survey: US consumer sentiment during the coronavirus crisis, Nov 2020read story
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