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Semafone luanches lawsuit against PCI-Pal

Rival Semafone Ltd has filed lawsuit against PCI-Pal (LON:PCIP) for the alleged infringement of UK patent No. GB 2473376, which relates to Semafone’s Dual-Tone Multi-Frequency (DTMF) masking technology. This enables card payments to be securely processed by call centres. There is also a similar lawsuit in the US. The PCI-Pal share price fell 11p to 77.5p.

Semafone claims that PCI-Pal’s Agent Assist product infringes its UK and US patents. Agent Assist has been sold by PCI-Pal for years and it is unclear why Semafone has chosen this time to launch its lawsuit. It may be that the technology in Agent Assist has changed, or it could be because PCI-Pal is increasing market share in the UK and US and moving into new markets.

This is not the first time that Semafone has sued a rival concer...

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