The use of paperless documents with electronic signatures is rapidly increasing on the internet because it avoids lost sales due to the delay and hassle required to print, sign and fax paper documents.
The introduction of WebPen in 2006, heralded a better alternative to PKI (Public Key Infrastructure)
WebPen is fast becoming the method of choice for authenticating online documents because it builds upon centuries of tradition and legal precedent, it is fast, simple, doesn’t confuse the user, and it creates a permanent signature image. Additionally, as companies move to paperless accounting and commerce, WebPen facilitates backend operations by eliminating the need to scan documents, since
the signature is already in digital form. The new version, WebPen 1.02, features a larger signature, signature verification, easier installation, and other improvements.
Those interested in WebPen for use on a website, or would just like a glimpse at the future of E-commerce can try WebPen online, or download a demo version at http://www.toucanmultimedia.com.