Walmart Pay Up First in New Mobile Payments Campaign

  • April 17, 2021
  • Category: New Patent Litigation
    Market Sectors: E-Commerce and Software, Financial Services

In its new complaint against Walmart (2:21-cv-00126), plaintiff Mobile Equity Corp. (d/b/a QRUZ) pleads that “[a]llowance rates for FinTech-related inventions are low” and that the USPTO’s “allowance of patents in the FinTech technology area thus reflects that the patents are valid and claim eligible subject matter”. Two patents, generally related to mobile payment systems, are asserted in Mobile Equity’s complaint, targeting Walmart Pay, the plaintiff further alleging that in 2009 it filed a provisional application for “a novel and cost-effective technical structure for conducting mobile payment transactions, making them more secure, convenient, and efficient”—“years before Apple Pay, Samsung Pay, and Walmart Pay”.


View full article with free 30-day trial
($79/month thereafter)


  • Over 7,000 news articles covering new patent cases, key policy decisions, and USPTO assignments
  • Advanced custom alerts for campaigns and entities
  • Proprietary litigation timelines
  • Full access to Federal Circuit, PTAB, and ITC dockets
  • Judge, venue, and law firm analytics



×
×

Thank you for your feedback

×
×