DocuSign e-signature enables the firms to get signatures on contracts, agreements, and other legally binding documents and collect payment simultaneously to facilitate speedy business operations.

DocuSign chairman and CEO Keith Krach said that DocuSign Payment integrates two trusted industry standards including DocuSign eSignatures and PayPal Payments into a single transaction process.

"This combination of leading cloud services enhances the DocuSign customer experience by offering even more complete, convenient, and better transaction services," said Krach.

DocuSign Payment will help global enterprises, small to mid sized businesses, and individual professionals by expediting transaction cycle times, will increase speed to revenue as it processes transactions within seconds through PayPal and delighting customers by providing facilities to sign documents and pay from any browser or mobile device, claims DocuSign.

DocuSign’s integration with PayPal is simple and can be quickly setup using DocuSign’s web interface or using DocuSign’s robust, standards-based API.

According to PayPal, consumers choose the "Enable Payment Processing" feature in DocuSign and designate the PayPal account where payments will be transferred.

Signers who don’t own a PayPal account can quickly register for one within the process, or choose to pay with a credit card, such as Visa, Mastercard, American Express and Discover.