CocoSign’s wet signature and eSignature is simple and takes less than a minute. The user has the entire freedom of the signature and review process.
All documents and signatures of a user are protected by SSL (Secure Sockets Layer) encryption protocol. This is the world’s best security measures, even used by the most secure websites such as PayPal.
With CocoSign, there are considerable savings on the time and money spent on setting up meetings or physically posting the documents that need signing. This makes signing documents with CocoSign very efficient.
Wet Signature and eSignatures are valid globally and legal around the world. Any document with wet signature and eSign is legally enforceable in court just as it would be with a conventional wet signature.
CocoSign offers multiple ways to create a signature as well as multiple signature styles. Additionally, there is the option to add date and time along with many other edits, such as text, initials, etc.
Signing documents through CocoSign is completely free. This means that there are considerable savings if one calculates the cost of printing documents, sending them to be signed, or arranging meetings with the parties involved.
What Is Wet Signature?
A wet signature, in simple terms, is marking a document with a pen or a name seal by the signer physically. It can be seen as the conventional method of signing hardcopy documents with a pen.
While the eSign is becoming more and more common globally, there are various regulations (such as the ESIGN act) that make it mandatory to give the signer the opt-in to sign documents electronically.
This means that if the signer wishes to sign the documents physically with a pen, they have the option to do so. CocoSign facilitates this option by providing the wet signature feature to all users.
The word ‘wet’ in wet signatures refers to the wetness in the ink when a document is signed, as it takes a few seconds for the ink to dry.
Users can choose to print a CocoSign document instead of signing it electronically. After printing the document, they can sign it with a pen (or a name seal), scan it, and upload it to CocoSign.
Additionally, CocoSign also offers the feature of filling the document online before printing it out. After the document is filled, the printing is required only for putting the wet signature.
When You Should Use Wet Signature?
There are many instances that can call for the need for a wet signature. These include:
- At times people are reluctant about eSign since eSign is a relatively newer method of signature. If one of the signing parties feels that everyone should sign the document with a wet signature, a wet signature should be used.
- Many documents legally require a wet signature only, and an eSign will not be valid for them. For example, when applying for a loan, a person is mandated to sign the documents with a wet signature.
- In some geographies, an eSign may not be as valid as a wet signature. If a user lives in such a country, they should use a wet signature.
What Is the Difference Among Wet, Digital And Electronic Signatures?
Wet signatures are the oldest form of signature. In a wet signature, a hard copy of a document is required. The document is then signed with a pen or with a name seal. The context of electronic signatures can vary a little based on the source we are considering.
The generally accepted meaning of an electronic signature is a signature that is created digitally, or created manually and uploaded digitally, then merged with a document in a secure and encrypted manner.
While wet signature and electronic signature can have the same marking, a wet signature uses the marking directly on the document while in eSignature, the document is marked through secure software.
Digital signatures are confused by some people to be the same as electronic signatures. However, the two are quite different. Digital signatures use cryptography to sign a digital file. This method not only puts a user signature on a file but also verifies the authenticity of the user too.
However, digital signatures are the most secure form of signing, the process of creating them is more complex than wet signatures and eSignatures.
What Are the Advantages of Using Wet Signature?
There are many benefits of wet signature over other signature types. These benefits include:
- There are people who are more comfortable with the traditional signing methods as compared to eSignature or digital signature. Wet signatures give them peace of mind while signing a document.
- Wet signatures can be faster when a user is signing bulk documents in a single go. The documents can be printed, signed, and uploaded through CocoSign.
- Wet signatures are more reliable in matters where money is involved (such as loan applications). This is because the physical presence of the user and their handwritten sign can add to the authenticity of the user.
- Wet signatures do not require an internet connection or an internet accessible device. A user can sign any document with a pen without any added requirements. This can be the benefit in remote areas that lack internet connection or during other emergencies too.
CocoSign’s wet signature provides all these benefits of wet signature while combining them with the security and convenience of electronic signatures.
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