Sears, OfficeMax Agree To Pay In Gift Card Patent Lawsuit
Written by Evan SchumanJanuary 8th, 2009
Sears and OfficeMax have agreed to settle a lawsuit against them—and several other major retailers, including Walgreens, Barnes & Noble and Aeropostale—as the chains find themselves losing legal challenges to a company with a gift card validation process patent. That vendor argues that almost every retailer today is in violation of its patent if they accept gift cards at their physical stores.
Sears and OfficeMax join TJX and McDonald's as having settled—or agreed to settle—their roles by agreeing to license the technology from Card Activation Technologies.
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Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
