Pine Labs on Wednesday said that after challenging the allegations of patent infringement and validity of generic patent grant and filing its counterclaim for revocation of the patent, the City Civil Court in Bengaluru has moved the matter to Karnataka High Court. The court also modified its earlier order to remove references of the Noida-based digital payment company’s product ‘Plutus Smart’ or to its dynamic QR codes.
Last week, Bengaluru-based payment technology firm Innoviti sued Pine Labs for infringement on its patent for technology enabling Unified Payments Interface (UPI) at point of sale terminals.
“While malicious rumours are still being circulated in