With new ideas and advancements in technology, there are more services available today to individuals. In other words, you do not need to form or be a business to benefit from things like electronic signatures and other services. We’ll take a look at a few services that can meet individual needs.
In the beginning, most electronic signature software was geared towards businesses. The real estate industry was one of the first adopters of esignatures due to the number of documents that needed to be signed. Today, there is a lot of choice and variety of esignature services. Businesses tend to be the primary customer for these services. There are some, fortunately, that are good fits for individuals. Frequency and complexity come into play when addressing the needs of individuals versus those of a business. Compared to businesses, most individuals tend to need just a few signatures a year. For example, if you want to sell your car, you may want to draw up a bill of sale where the buyer and you sign it to confirm the transaction. Most electronic signature software charges users on a monthly basis whether you use the esignature service or not. For example, DocuSign‘s least expensive paid plan is $10/month, which is overkill for an individual who only needs one or two signatures a year. On the other hand, eSignToday charges a flat rate of $0.50/esignature. So there is an inexpensive affordable electronic signature service available for individuals.
If you owe a friend money, most would pay the friend back in cash later on. If the amount owed is large, you might give your friend a check. Well, that was then. Money transfer apps are now. Money transfer apps enable individuals to transfer money directly between bank accounts. They make the owing of money to friends cashless, easy . . . and fast. Two popular money transfer apps are Zelle and Venmo. Zelle requires both parties to have a bank account that is part of the Zelle network. Generally speaking, money transfers occur within minutes, and Zelle and Venmo generally do not charge the sender or receiver.
Electronic signatures and other services, like money transfer apps, are beneficial for individuals.