Class 3 Digital Signature Certificates are needed for e-tendering, which is a procurement process that is conducted online.It is used in matters of high security and safety.
It is mainly used in online trading and e-commerce, where a huge amount of money or highly confidential information is involved.
A Digital Signature Certificate authenticates your identity electronically. It also provides you with a high level of security for your online transactions by ensuring absolute privacy of the information exchanged using a digital certificate.
This certificate will be issued to individuals as well as organizations. As these are high assurance certificates, primarily intended for e-commerce applications, they shall be issued to individuals only on their personal (physical) appearance before the Certifying Authorities.
This level is relevant to environments where threats to data are high or the consequences of the failure of security services are high. This may include very high value transactions or high levels of fraud risk.