While we definitely can’t vouch for all eSignature platforms, PactSafe Transact is our Signature Acceleration Platform that certainly renders a legal signature.
How do we know that? We like to follow laws!
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
Electronic signature law requires that a signer actually intend to sign a contract in order for it to be binding. Our electronic 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.
PactSafe's Signature Acceleration Platform has been designed with compliance of these laws in mind. Here are some of the things we do to make sure electronic signatures are legally binding:
Electronic Signatures are legally binding
eSignatures are perfectly valid and legally binding in most countries around the world. PactSafe provides you with the click-to-sign signature; the fastest solution available to obtain binding electronic signatures for any contract.
We give you multiple ways to authenticate signers
PactSafe gives you multiple signer authentication options so you always know, and can prove, who is signing your contracts. Signer authentication methods include email, secure links, unique signer codes, and multifactor authentication (e.g. codes sent via SMS).
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 keep your contract records secure, accessible, and tamper proof.
All information transferred to and from PactSafe is 256-bit SSL encrypted, including usernames and passwords. Our electronic signature platform is designed to keep your contracts secure and prevent tampering of your contracts, your electronic signatures, and your 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 and version associated with the electronic signatures. Additionally, we encrypt all of your static files and electronic signature information in Amazon's S3 servers, which are housed in an ISO 27001 certified data center.