SiteTutor
09-10-2002, 02:01 PM
PayPal hit by new patent suit
First USA Bank has filed suit against PayPal, alleging that the online payment company is infringing on its patents. The lawsuit was filed Friday in U.S. District Court in Delaware. It involves two patents that cover "cardless payment" systems, which allow consumers to pay for transactions using a telephone number and a security code.
FULL STORY here:
http://zdnet.com.com/2110-1106-957285.html
First USA Bank has filed suit against PayPal, alleging that the online payment company is infringing on its patents. The lawsuit was filed Friday in U.S. District Court in Delaware. It involves two patents that cover "cardless payment" systems, which allow consumers to pay for transactions using a telephone number and a security code.
FULL STORY here:
http://zdnet.com.com/2110-1106-957285.html