Card Processing Provider Shares E-Signature Success Story in Upcoming Webcast

August 29, 2011

Montreal, QC, August 30, 2011 - Silanis Technology, the most widely used electronic signature provider to leading financial institutions including BMW Financial Services, US Bank, 21st Century and Liberty Mutual today announced an upcoming web seminar focusing on how e-signatures helps close deals faster in the  fiercely competitive credit processing industry. 

Unfortunately, the average turnaround time to complete a new merchant application can be as long as two weeks, leaving the merchant to continue shopping, or to decide to stay with their current provider. In addition to delays, call center agents at payment processors, acquirers and service providers can spend as much as 50% of their time chasing down contracts.

The benefits of eliminating paper from the new merchant application process are well known but historically, e-commerce solutions have been impractical to many smaller service providers that lacked the resources and infrastructure to adopt the technology.

Card Processing Services, a leading Canadian full merchant service provider, is now able to compete head to head with ISOs/MSPs of all sizes thanks to electronic signatures. The company will soon offer its customers the option to securely review and sign new merchant applications electronically over the web from the convenience of their business, without waiting for contracts to arrive in the mail. Join us on Wednesday, August 31 at 2 pm ET to learn how e-signatures will enable Card Processing Services to:

  • Reduce the time to complete new merchants applications from 2 weeks to minutes
  • Increase agent productivity by eliminating the need to chase down paper contracts
  • Get new merchants transacting sooner
  • Eliminate errors and related risk from paper-based processing

The presentation will also feature a demonstration of e-SignLive, the cloud-based electronic signature solution used at Card Processing Services. The audience will see how this affordable service makes it possible to:

  • Electronically sign contracts, disclosures and applications over the web - no hardware required
  • Leverage existing forms and documents in Microsoft Word or Adobe PDF
  • Reduce the legal and compliance risk associated with new merchant applications
  • Start e-signing quickly and cost-effectively - no development or IT integration required
  • Monitor and track e-signing activities

Register here for the upcoming web seminar. About e-SignLive As a cloud-based electronic signature service, e-SignLive offers the quickest time to market with the lowest up-front investment. With no software or hardware to purchase or install, subscribers can be up and running in minutes for a low monthly fee. Users can easily be invited to log into e-SignLive and electronically sign documents over the web.  There’s no limit to the number of signers or documents involved--and no extra charges! e-SignLive is the ideal solution for signing non-disclosure agreements, sales contracts, real estate documents, insurance and loan applications, supplier agreements, employee on-boarding and HR documents, and more. Sign up for the free edition of e-SignLive.

About Silanis Silanis' solutions have processed hundreds of millions of e-signatures since the company was founded in 1992 (50 million in 2010 alone), making it the most widely used e-signature solution. The world’s largest insurance and financial services companies, government agencies, and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company’s on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing to enable e-commerce and e-government transactions to be executed fully electronically from start to finish.