The 2012 QR code patent, why are we suing WeChat Pay QR code today, 7 years later?

The reason for this is very simple. The main reason is that WeChat QR codes are now used more and more frequently. Among them, the importance of QR codes and the profits generated through QR codes are growing. Of course, the holder of the QR code patent will receive compensation. If the lawsuit is successful this time, there may be more apps that use QR codes that need to pay compensation.

WeChat QR code scanning and payment has only gradually become popular in the past five years. In the past three years or so, the use of WeChat payment QR codes has reached its peak and has basically replaced cash payment. The main reason why no lawsuit was filed before was that WeChat QR code scanning and payment was not as popular as it is now. Even if you sue, you will not be able to obtain high compensation. Choosing to sue in this era of extremely popular QR codes is also a kind of waiting for the opportunity.

Nowadays, QR codes are very widely used. All APPs are basically using QR codes. If this lawsuit is successful, it means that the prosecution has a patent for QR codes. Except for WeChat, which is sued this time, If the QR code technology used by the APP involves infringement, compensation will also be required. The huge compensation is very tempting. Obtaining huge compensation in this way is also a very smart decision.

The era of payment by scanning QR codes on WeChat has replaced the traditional payment era. This is because QR codes are convenient, fast, safe and efficient. Merchants or individuals can use QR codes and apps to collect payments as long as they are activated. And the money is settled by the bank and transferred directly to the corresponding bank card account. One can imagine the importance of having such a convenient and fast payment method patent, and the patent holder will naturally not let others use it at will.