DocuSign Payments Launches in the UK
March 23, 2017
today, DocuSign customers across the UK will be able to benefit from the
launch of DocuSign Payments, the company's latest platform innovation
that provides a fast and easy way to collect payments and signatures in
just one step. For the 65 percent of businesses that experience either
delays in receiving payment or a complete failure to collect, this new
way to sign and pay will make a huge difference.
At launch, via the partnership with global payments platform Stripe -
users can DocuSign and pay using Android Pay, Apple Pay or any major
credit or debit card. DocuSign will continue to integrate new payment
partners - including Authorize.net, Braintree and PayPal - in the coming
months. Recurring payments and other functionalities are expected to be
available later this year.
"We have been working with our customers for years now to take their
agreements digital," commented Ron Hirson, chief product officer at
DocuSign. "Payments is the next step in the evolution of our DTM
platform and eSignature service and it has been driven directly by those
customers. A lot of businesses, particularly smaller organisations, are
hugely affected by late payments or complete failures to collect -
problems that could be the difference between meeting key targets and
missing them. Combining the signing and payment processes is the natural
answer to helping business transactions move even more smoothly."
A huge range of use cases present themselves for DocuSign Payments,
across a variety of different industries, including the completion of
lease agreements, insurance policies, contractor services, event
bookings, donations, hotel stays, accounting, tax preparation and
registration renewals, to name but a few. This potential is clearly
recognised by DocuSign's customers who are keen to take full advantage
of the new launch.
As Bruce Vickery, Operations Director from Davis Tate Estate Agents
comments, "Renting a house or a flat is a naturally stressful decision
and we have to do everything we can to take the pain away for our
customers. People want to wrap up the deposit and sign their contract as
quickly as possible to secure their accommodation - taking this
transaction completely digital allows us to remove any worries and
delays from the process."
payments into the existing signing process is simple and
straightforward. After a brief, one-time setup to connect DocuSign with
Stripe, a sender adds a payment request to their agreement and sends it
to the person who needs to sign. When that signer receives and DocuSigns
the document, they can pay using Android Pay, Apple Pay or their
credit/debit card, and the funds are collected immediately.
"It should be easy to pay for anything online—whether that's a pair of
shoes, a cab ride or now a contract you're signing," said Cristina
Cordova, head of business development at Stripe. "We're excited to work
closely with DocuSign to make it possible for more than 100 million
DocuSign users to easily and securely accept payments from anyone,
anywhere in the world, whether they're on a desktop or mobile device."