Just noticed a lawsuit has been raised by Actus LLC for infringements of four e-commerce patents against 20
defendants including Bank of America, Capital One
Financial Corp, Google,
JP Morgan Chase,
Mastercard International, Obopay, Visa, Wal-Mart, Western
Union and more. Google's accused products
are Google Checkout and the Android Mobile phone.
These all relate to the "method and apparatus for conducting electronic commerce transactions using electronic tokens" and were originally assigned
to an Arizona company called PayByClick Corporation.
According to these patents: "The electronic tokens are issued and maintained by a vendor, who also provides products and services that can be purchased or rented using the electronic tokens. The electronic tokens may be purchased from the vendor either on-line, using a credit card, or off-line, using a check, money order, purchase order, or other payment means."
Mmmmm … something to watch out for there.
(Thanks for alert from Denis Vacher)