Digital Signatures

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Use our digital signature service that is easy to use to begin your journey toward hassle-free signing of documents.

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Simplify Your Digital Signature Process with OUTBAY

An effective Digital signature service customized for financial agents is offered by OUTBAY. Our team provide features like document uploading, customizable signature fields, and legally enforceable, securely bound signatures. In the process, it reduces paperwork, saves time, and boosts financial agents’ productivity.

What Is Digital Signature?

Digital signing is a kind of electronic, safe process used to assure the genuineness and integrity of electronic documents or messages. It is safer than a signed signature or a stamped seal, but it works somewhat like an electronic form of both. It verifies that the certified sender is the originator of the document or message. The signature ensures that nothing has been modified or altered since the signature. It provides evidence to the signer that cannot retract his or her signature.

Our Digital Signature Service Include:

Digital Signature | Electronic Signature

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Frequently Asked Questions

A digital signature is the secure electronic version of a handwritten signature or stamped seal. More secure than an electronic signature, it utilizes cryptography to ensure that a digital document or message has been created without any alteration in authenticity and integrity. Unlike an electronic signature, which can be nothing more than a scanned image of a signature or a typed name, digital signatures use PKI technology to ensure that evidence of tampering with the signer’s identity exists.

A digital signature is working through a mixture of cryptographic keys. When an author makes the digital signature, this unique digital print, or “hash,” about the document, gets encrypted under his private key. The signer’s public key will then get used by a recipient to unencrypt the signature, and both hashes can be checked to confirm the authenticity of both the document contents and the signature identity.

The benefits of using digital signatures include:

  • Security: Strong encryption techniques ensure the document’s authenticity and integrity.
  • Time-saving: Digital signatures facilitate quick approvals and workflows.
  • Cost-effective: Reduces the need for printing, scanning, and shipping paper documents.
  • Legally binding: Digital signatures are recognized and enforceable in many countries.
  • Environmental impact: Supports paperless processes, reducing the carbon footprint.

To obtain a Digital Signature Certificate (DSC), a business can follow these steps:

  1. Choose a Certifying Authority (CA): Select an authorized CA that provides DSCs.
  2. Submit the application: Fill out the application form, available on the CA’s website.
  3. Provide documents: Submit necessary documents such as identity proof, address proof, and PAN card.
  4. Payment: Make the required payment for the DSC.
  5. Verification: Complete the verification process, which may involve a video or in-person verification.
  6. Download the DSC: Once the verification is successful, download the DSC and install it on the required device.

There are three main types of Digital Signature Certificates:

  • Class 1 DSC: Used primarily for email communication; verifies the user’s name and email.
  • Class 2 DSC: Used for company registrations, e-filing, and signing documents; verifies the user’s identity against a pre-verified database.
  • Class 3 DSC: Offers the highest level of security; used for e-commerce, online bidding, and participation in e-auctions; requires in-person verification.