Paymetrex Unveils Patent Licensing Program to Monetize Mobile Payments IP

Datametrex AI Limited's subsidiary, Paymetrex Payment Solutions Inc., has launched a patent licensing program aimed at monetizing its mobile payments intellectual property portfolio. This initiative targets industry players operating within the boundaries of Paymetrex's patent claims, offering them secure, efficient transaction solutions in a complex payment ecosystem.

The Paymetrex IP portfolio includes U.S. and Canadian patents, with some already licensed to industry participants, underlining their commercial validity. This move is timely, given the annual billions in mobile payment transactions. U.S. mobile point-of-sale volumes alone were predicted to reach $797 billion in 2025, according to eMarketer.

Globally, digital wallet-based payments are anticipated to grow rapidly, driven by increasing adoption in both developed and emerging markets. Paymetrex's licensing program aims to foster strategic partnerships with payment processors and fintech platforms while reducing IP risks for partners and promoting the adoption of its infrastructure.