Swipe Innovations Continues PIN Encryption Campaign
- February 8, 2013
Swipe Innovations filed two separate suits against Moneris Solutions and PayPal alleging that the defendants’ payment terminal products infringe a patent related to encrypting PIN pads (5,351,296). Since March 2012, Swipe has filed 25 suits against providers of secure payment terminals, including Capital One Merchant Services, Chase Paymentech Solutions, Fujitsu, Motorola, and Intuit. The patent-in-suit originated with Niobrara Research & Development before being assigned to FTE Exchange in August 2011 and Swipe in November 2011. 2/8, Eastern District of Texas, 9:2013cv00034; 9:2013cv00035.
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