Everything to Know About Electronic Contract Signing
Electronic contract signing, also known as e-signature or digital signature, refers to the process of signing legally binding documents electronically instead of using traditional paper-based methods. Here's everything you need to know about electronic contract signing: 1. Definition: Electronic contract signing involves using digital methods, such as typing a name, drawing a signature on a touch screen, or using specialized e-signature software, to indicate agreement to the terms of a contract. 2. Legality: Electronic signatures are legally recognized in many countries worldwide, including the United States (under the Electronic Signatures in Global and National Commerce Act, or ESIGN Act) and the European Union (under the eIDAS Regulation). However, the legal requirements for electronic signatures may vary by jurisdiction, so it's essential to ensure compliance with local laws when using e-signatures.…