UPI-Linked Credit Card Patent Infringement: HC Refers Matter To Mediat...

A patent infringement case related to UPI-linked credit cards was referred for mediation by the High Court. The dispute arose between two fintech companies, with one claiming that its technology for UPI-linked credit cards was used without authorization by the other. The court, acknowledging the complexity of the case, decided to refer it for mediation to explore a potential settlement between the parties. This move emphasizes the importance of resolving intellectual property disputes amicably and efficiently through alternative dispute resolution methods like mediation. The outcome could impact future cases involving fintech innovations and patent rights.