When it comes to starting an e-notary business, there are a lot of things to consider. One of the most important decisions you’ll make is what platform to use. There are many different platforms out there, so how do you choose the right one for your business?
In this blog post, we’ll discuss some of the factors you should consider when choosing a platform for your e-notary business.
Does the platform have identity verifying capabilities?
You don’t want to use a platform like zoom or Skype or FaceTime. Why? These platforms can’t validate the identity of the signer, which is your whole job as a notary.
It’s important to understand the different methods of verification to ensure the person that’s coming to you is whom they say they are. There are multiple methods of identity verification available on eNotary platforms, including knowledge-based authentication (K-Base). K-Base involves asking the individual signing the document questions that only they would know the answer to, such as information about previous addresses or account numbers. eNotary platforms that utilize K-Base can help to ensure that only the intended signer has access to eNotarize a document, preventing fraud and protecting the integrity of the eNotarization process.
Is there an application process?
There are some e-Notary platforms that do involve the use of an application. This application process verifies that you’re a notary that has the qualifications and the credentials to conduct remote online notarization.
Even if you’re a traditional notary, they have additional steps that you have to take in order to conduct e notarization, especially if there are done remotely.
What are the fees involved to be active on this platform? What are the fees involved to conduct notarizations?
There are two ways you can use remote online notarization, independently or sependently.
when you do an independent e notarization, you’re bringing your own client on. This means that you have to have the K-Base identity verification. Typically, an e-Notary platform may charge you for uploading documents, or even how many times you apply your E notary seal. Each platform is different, but many do require a fee.