When it comes to electronic signatures, trust is paramount. The Signer Trust Level refers to the degree of confidence that a signer is who they claim to be within an e-signing process. This concept is crucial for ensuring the security and legitimacy of signed documents.
Signer Trust Level is a metric used to assess the authenticity of a signer's identity. It is influenced by multiple factors, including the methods of verification used during the signing process. Higher trust levels are typically associated with more stringent verification methods, reducing the risk of fraud.
Identity Verification Methods: The ways in which a signer’s identity is confirmed can range from simple email verification to more robust methods, such as government-issued ID checks, biometrics, or multi-factor authentication.
Document Sensitivity: The sensitivity of the document being signed can dictate the required trust level. For example, high-value contracts or legal documents may necessitate higher trust levels compared to routine administrative forms.
Previous Interactions: A signer's history with a specific e-signature platform can also impact their trust level. Repeat signers who have consistently demonstrated trustworthy behavior may be granted higher trust levels automatically.
Basic Trust Level: Useful for internal documents or low-risk agreements, where a simple email verification suffices. This is quick and convenient but offers minimal security.
Medium Trust Level: Appropriate for moderately sensitive documents like employment contracts. This might involve a two-step verification process, using both email and phone number verification.
High Trust Level: Required for highly sensitive or legally binding documents. This could involve rigorous checks such as government-issued ID verification, biometric authentication, and multi-factor authentication.
GoodSign ensures that trust is built into every transaction. Our platform allows you to customize the level of security and verification to match the sensitivity of your documents. With a straightforward $1.50 per send cost, you can leverage high trust levels without worrying about exorbitant subscription fees.
Opt for GoodSign and pay only for what you use, all while ensuring your documents are signed by verified and trustworthy individuals. No limitation on team members or features—just hassle-free, secure e-signatures.
Discover the GoodSign advantage today by visiting GoodSign.io.
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