How Online Notary Services Enhance Remote Work
By Tiffany V.
Published on 11/28/2023
KEY TAKEAWAYS
- Improves efficiency and reduces costs by eliminating travel for notarizations
- Provides convenience for remote workers to get documents notarized from home
- Enables notarization during COVID by reducing virus transmission risk through contactless process
Remote work has become increasingly common over the past few years.
With more people working from home than ever before, solutions that improve remote collaboration and efficiency are in high demand.
This is where online notary services, also known as Remote Online Notarization (RON), can make a major difference.
1. What is Remote Online Notarization?
Remote Online Notarization allows documents to be notarized remotely through secure video conferencing and identity verification technology.
This means the signers and notaries can complete the entire notarization process electronically, without being physically present together.
Digital signatures are applied and verified remotely to authenticate and finalize documents.
2.Key Benefits of RON
Using RON for remote online notarization offers many advantages:
Efficiency and Cost Reduction
RON eliminates many time-consuming and costly requirements of traditional in-person notarization, such as travel time, fuel costs, and printing documents.
Notaries can work more efficiently and reduce expenses.
Convenience
The convenience of RON is a huge plus for notaries and customers. Notarizations can be completed entirely from home, which is perfect for remote workers who need documents notarized and sent securely.
Safety
During the COVID-19 pandemic, RON reduced the risk of virus transmission by enabling remote communication without physical contact. This safety benefit remains valuable even after the pandemic.
Market Growth
The global mobile notary public market, including online services, is forecast to reach USD 1.58 billion by 2032 with a 18.2% CAGR, indicating strong demand.
Customer Satisfaction
Leading online notary services boast very high customer satisfaction rates. For example, NotaryLive has excellent reviews on Trustpilot showing positive experiences from clients.
Earnings Potential
In a 2020 survey, 43% of part-time self-employed notaries earned over $500 per month, and nearly 30% earned over $1,000 per month. RON creates more notary opportunities.
Legality and Acceptance
As of 2023, there are 44 states that have approved some degree of remote online notarization for notaries, but it is accepted in all 50 states!
3.Use Cases For RON
RON can benefit many different industries and use cases, including:
Real estate - Deeds, rental agreements
Financial services - Auto title transfers, beneficiary changes
Government - Quitclaim deeds, child custody agreements
Individuals - Immigration, wills, medical documents
Businesses - Internal corporate documents
. . . any many more industries can utilize remote online notarization for remote work.
4.Notarize Online With NotaryLive
To get your documents notarized with an online notary, you can utilize a platform like NotaryLive. NotaryLive is a trusted online notary service that enables individuals to have their documents notarized remotely through video conferencing.
Here's how NotaryLive Works in 4 simple steps:
5.Is Your Business Looking to Upgrade its Notarization Process?
On top of the normal benefits of our platform, NotaryLive for Business allows business account holders to make frequent use as easy as possible with options such as:
- Creating sessions for their Clients
- Adding Multiple Users
- Viewing Clients’ Notarized Documents
- Single-Use or Monthly Billing (Great for high volume!)
- Volume Pricing Options
- Optional API and White Label Integration
- Plus all standard account features
Interested in learning more about Notarizing Documents Online? Here are some other helpful articles:
Updated Date: 05/04/2024
