Interest in Mobile Gift Cards on the Rise
- April 5, 2011
Interest in mobile gift cards on the rise with several new venture-funded entrants including Plastic Jungle, Giftango and others. Market research firm, Tower, estimates that the face value of mobile gift cards could reach an aggregate total of $1B in the next year. RPX has sublicense rights to the Actus portfolio (now known as Abridge Technology) that is currently being asserted against mobile gift card providers. Abridge Technology [NPE] filed suit against Metro PCS and 29 other companies over four patents related to prepaid electronic tokens, including prepaid cards and gift cards on March 17, 2011.
Access to the full article is currently available to RPX members only. Please contact us if you need further information.