Exactly how valid is my electronic signature?
Electronic signature law requires that a signer actually intend to sign a contract in order for it to be binding. Our signature solution makes sure that binding documents are conspicuously presented alongside clear methods to electronically sign the contracts. This leaves no doubt about the signers’ intent to sign.
In the United States, there are a number of laws that make eSignatures legally binding:
The Electronic Signatures in Global and National Commerce (E-SIGN) Act (15 U.S.C. §§7001-7031)
The Uniform Electronic Transactions Act (UETA) (7A Pt. 1 U.LA. 211, 211-99 (2002))
- Additionally many states have adopted some form of the UETA
- PactSafe's Signature Acceleration Platform has been designed with compliance of these laws in mind.
Here are some of the things PactSafe does to make sure signing online is legally binding:
Automated record keeping validates your signatures
As soon as a contract is electronically signed using PactSafe, we create a durable, electronic record of the process by which this electronic signature was created. That record also includes the contract, proof of any authentication measures, a basic signer digital thumbprint, and a time-stamped audit trail of all activity related to a contract and its signers.
We provide multiple ways to authenticate signers.
PactSafe's multiple signer authentication options inform users so you always know, and can prove, who is signing your contracts.
Signer authentication methods include:
- secure links
- unique signer codes
- multifactor authentication (e.g. codes sent via SMS).
We keep all contract records secure, accessible, and tamper proof.
All information transferred to and from PactSafe is 256-bit SSL encrypted, including usernames and passwords. Our signature acceleration platform is designed to keep ontracts secure and prevent tampering of contracts, eSignatures, and electronic records.
We create a unique record of every contract before any party electronically signs it, and of each revision. We then create another unique record of the contract for every version associated with the signatures. Additionally, all static files are encrypted and signing information in Amazon's S3 servers, which are housed in an ISO 27001 certified data center.