what is benefit of E-signature?

Every day, millions of customers pay for purchases by credit card.

Customers who know you well may be less concerned about the law but the law may help building trust among those who don’t. But dramatic rise in identity theft, the ever pressing need to provide convenience in checkout services to attract and retain loyal customers, and the growing use of multi-function signature captures devices in the retail sector provides favourable conditions for the deployment of dynamic signature verification (DSV) in retail settings.

Consumers are already comfortable with signatures. It is the most natural way to sign for goods and services whether it’s a credit card receipt, drivers license or even a mortgage.

Employee use benefits the retailer through:
• Fraud protection
• Reduction in credit card theft
• Reduces cash theft
• Reduces charge backs
• Cost reduction through the elimination of paper
based processes
• Copying, filing and shipping of forms to and from
Corporate
• Processing new hire paperwork in hours not days
• Immediate changes, additions & deletions to
exiting employee records
• 100% legibility and completeness of all
documents
• 100% assurance to management that a signature
is that of the employee
• Accelerated checkout process
• Increased private label credit card use
• Eliminating IT management’s time associated
with password management
• Eliminating misuse of employee passwords
• Increased productivity for front end scheduling
• Extensive audit trail of all employees that have
signed into a register or other electronic systems
• Eliminate product theft in shipping and receiving
Consumer use benefits the retailer through:
• Fraud protection
• Reduction in credit card theft use
• Accelerated checkout process
• Increased private label credit card use
• Cards not required at POS