Patent of QR code payment function

The reason is very simple, mainly because the frequency of using WeChat QR code is getting higher and higher, and the importance of QR code and the profit generated by QR code are getting bigger and bigger. Patent holders with QR codes will of course be compensated. If this lawsuit is successful, more apps may use QR codes for compensation.

Wechat QR code scanning payment has gradually become popular in recent five years. In the past three years, the use of WeChat payment QR code has reached its peak, which has basically replaced cash payment. The main reason for not suing before is that the scanning payment of WeChat QR code is not as hot as it is now. Even if you sue, you won't get high compensation. Choosing a QR code to sue in this super-hot era is also an opportunity to wait.

At present, QR codes are widely used, and all apps are basically using QR codes. If the prosecution is successful, it means that the plaintiff has a QR code patent. In addition to the QR code technology used by the sued WeChat app, if infringement is involved, it also needs compensation, and huge compensation is very tempting. It is also a very clever decision to get huge compensation in this way.

The era of WeChat QR code scanning payment has replaced the traditional payment era, because QR code is convenient, fast, safe and efficient. Merchants or individuals can use QR code and app to collect money after opening, and the money will be cleared by the bank and directly transferred to their corresponding bank card accounts. The importance of owning such a convenient and fast payment method patent can be imagined, and the patent holder will naturally not let others use it at will.