Posted by eckoh at 9:53 AM on Mar 19, 2015

Eckoh and Semafone Agree Settlement

Eckoh plc and Semafone have agreed to a confidential settlement of their dispute over alleged infringement and invalidity of Semafone's UK Patent (No. GB 2,473,376), to the mutual benefit of both parties.

Under the settlement, Semafone has granted a worldwide licence to their granted patents, trademarks and patent applications covering certain dual tone multi-frequency ("DTMF") masking methods of taking secure payments over the phone, for the benefit of Eckoh, its customers and suppliers. In consideration of the licence, Eckoh will pay Semafone royalties in respect of the patents.

Inquiries

Please contact:
Cameron Ross, Director of Payments Strategy, Eckoh
Tel: 01442 458 300

About Eckoh plc

Eckoh is a global provider of secure payment products and customer service solutions, working with organizations in over 10 countries around the world.

Our range of secure payment products removes customer card data from contact centers and IT environments. They are designed to help merchants reduce the risk of fraud and become compliant with the Payment Card Industry Data Security Standards (PCI DSS). Eckoh's CallGuard product can be deployed on the customer's site or hosted in the Cloud. It allows contact centers to take card payments from customers without their agents seeing, hearing or accessing card data in any way. We have been a PCI DSS Level One accredited Service Provider since 2010 and we currently process over $1 billion in card payments annually.

Eckoh's customer service solutions enable payments, transactions and inquiries to be processed without the caller needing to talk to a contact center agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex inquiries. These solutions are delivered over the phone, web and mobile devices. Eckoh is the largest provider of such hosted services in the UK.


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