Electronic Transactions Act

The Electronic Transactions Act is a law that establishes legal recognition and regulation of electronic communications, records, and signatures. It ensures that digital transactions—like emails, online payments, and electronic contracts—have the same legal validity as paper-based ones. The Act sets rules to ensure security, authenticity, and integrity of electronic data, fostering trust in digital commerce. It also outlines the responsibilities of parties involved and provides legal remedies in case of disputes or fraud. Overall, it helps create a clear legal framework for conducting and verifying transactions electronically.