What is a Consumer Disclosure?

A Consumer Disclosure is essentially a statement that outlines a consumer’s consent to conduct certain business transactions with your organization electronically.  A consumer may provide their consent and may also elect to withdraw it at a later date.
The Electronic Signatures in Global and National Commerce Act (June 30, 2000) identifies the concept of a  ‘Consumer Disclosure’ in section 101 subsection C.   It outlines that if a statute, regulation or law, requires that a transaction be provided to a consumer in writing, that an electronic record can be used instead if:
“The consumer has affirmatively consented to such use and has not withdrawn consent.”
“The consumer, prior to consenting, is provided with a clear and conspicuous statement.”
In addition, the consumer’s consent must also be captured in a way that demonstrates that the consumer has the ability to access the information electronically.  There are also some additional disclosure requirements.  The comprehensive requirements for the disclosure can be found at:
Based upon its definition, consumer disclosures are used more commonly in Business to Consumer workflows.  Whereas, Business to Business workflows are typically not subject to the Consumer Disclosure requirement.
SnapSign enables you to simply and easily enable capturing consumer disclosures in your Application Settings.