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DocuSign and PayPal ink deal

11 April 2012  |  2504 views  |  0 Source: DocuSign

DocuSign, the global standard for eSignature, announced today instant payments through PayPal for any DocuSign transaction. DocuSign Payment helps companies get signatures on contracts, agreements, and other legally binding documents and collect payment simultaneously to finish business and capture revenue faster.

"DocuSign Payment combines two trusted industry standards - DocuSign eSignatures and PayPal Payments - into a single transaction process," said Keith Krach, chairman and CEO of DocuSign. "This combination of leading cloud services enhances the DocuSign customer experience by offering even more complete, convenient, and better transaction services."

DocuSign Payment will help global enterprises, small to mid sized businesses, and individual professionals:

  • Accelerate transaction cycle times - DocuSign Payment speeds up transactions with the fastest way to get a signature and process a payment simultaneously.
  • Increase speed to revenue - DocuSign Payment processes transactions within seconds via PayPal so businesses can capture revenue and begin product and service delivery sooner.
  • Delight customers - Customers can sign documents and pay from any browser or mobile device making every kind of business transaction faster, easier, and more convenient than ever.

DocuSign's integration with PayPal helps businesses collect payments from customers, partners, suppliers, and others as they DocuSign documents - with no additional programming, coding, or IT involvement. Payment processing with PayPal can be quickly setup using DocuSign's web interface or using DocuSign's robust, standards-based API. Users select the "Enable Payment Processing" feature in DocuSign and designate the PayPal account where payments will be transferred.

During the transaction, signers complete the normal DocuSigning steps and are prompted to provide payment. Signers who don't have a PayPal account can quickly set one up within the process, or opt to pay with a credit card, including Visa, Mastercard, American Express, and Discover.

"DocuSign Payment promotes secure online transactions," said Roger Kay, President of Endpoint Technology Associates. "The integration of PayPal into DocuSign further streamlines business transactions, allowing companies and customers to sign and process payment from any contract, agreement, or document instantaneously."

"PayPal's integration with DocuSign helps accelerate transactions," said Eddie Davis, senior director of North America Partnerships at PayPal. "We are excited to be the first payment processor to work with DocuSign to make transactions completely digital, so they're simple, fast, and secure."

Individuals and businesses have come to rely on DocuSign because the company's eSignature technology is safe and reliable. Customers who use DocuSign are using a global information security management system (ISMS) that's examined and certified to the highest international security standards, including ISO/IEC 27001, SSAE 16, TRUSTe, and PCI DSS 2.0 as both a merchant and service provider. DocuSign adheres to the U.S. Department of Commerce Safe Harbor framework and offers fully redundant SSAE 16 tested data centers, network, policies, and procedures that have passed 100 percent of security audits with the world's largest financial services institutions. DocuSign offers an enterprise-class global network with a track record of 99.99% system uptime. 

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