Importance of Digital Signature in E-commerce

A Digital Signature is a verified and authentic signature that guarantees that the contents of a message have not been altered in any way It uses a mathematical algorithm to validate the authenticity and integrity of digital messages For instance, an email, a credit card transaction, or documents.

Digital signatures are most commonly used for software distribution, financial transactions, contract management software, and also to detect whether the signature is verified or fake. It is also often used to implement an electronic signature Many of us might get confused here, but yes, digital signatures and electronic signatures are not the same Yet, like electronic signatures, you can create digital signatures online .

To help you understand the difference between the two, please read our extensive blog titled “Difference between Electronic Signature and Digital Signature”

What is Digital Signature in e-Commerce?

In the field of e-Commerce, digital signatures help to ensure the security of online transactions and help in building the trust of buyers and sellers. It also helps in providing evidence to validate the authenticity of any transaction, digital document or message

E-commerce spaces basically deal in buying and selling products online, and hence records of any transactions involved in it are stored in a digital format Installing a digital signature software helps to speed up the process of sharing invoices, receipts or any other transaction-related documents