Revolutionizing Online Agreements via Clickwrap with Eric Prugh of PactSafe | Soar Payments LLC
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Revolutionizing Online Agreements via Clickwrap with Eric Prugh of PactSafe

Whether you’re in merchant services or payments, running an eCommerce business, or really conducting almost any type of business (especially online)… you may reach a point where you need a secure way to complete contracts remotely.

You may have heard of eSigning, but on this episode, we explore a new technology that is revolutionizing online agreements. In particular, we focus on the payments and eCommerce applications. The technology is called Clickwrap, and our guest is Eric Prugh who is the Co-founder and Chief Product Officer at PactSafe which has developed this product.

Listen in as Eric breaks down the what, why, and how of clickwrap agreements.

Payments & Fintech Insights In This Episode

  • Why a way to securely and quickly complete online agreements is becoming more important to commerce.
  • What clickwrap agreements are, and how they work.
  • How clickwrap agreements, and other data, can help merchants contesting chargebacks.
  • Eric’s thoughts on the future of legal agreements and technology… plus his predictions on the future of payments.
  • With so much more!

Featured on the Show

Industry Spotlight

PactSafe

PactSafe is an Indianapolis-based clickwrap transaction platform that enables companies to process high volume agreements rapidly and painlessly. A “clickwrap agreement” is a form of electronic signature, where the act of signing via an electronic signature is replaced with the act of clicking to check a box or on a button that includes acceptance language (such as “I Agree” or “Accept”). PactSafe helps companies like Wayfair, DoorDash, Angie’s List (Home Advisor), BMC Software, and Upwork update online legal terms, track and gain acceptance of those terms, and identify areas of potential risk before they become an issue.