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News : Semafone & Eckoh Agree Settlement
Guildford, Surrey, March 23, 2015 - Eckoh plc and Semafone(R) 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.
Today's Tip of the Day - Complaints
More Editorial From Semafone
Semafone provides secure voice transactions for contact centres and retailers taking Cardholder Not Present (CNP) payments. The solution allows a call - and the call recording - to continue as normal whilst the customer enters their credit card information using their telephone keypad. For complete security, Semafone's patented technology masks the Dual Tone Multi-Frequency (DTMF) tones from the cardholder's telephone and replaces them with a flat tone so they can't be recognised by the call centre agent or recorded on the call recording system. By ensuring all card data remains segregated and by removing Sensitive Authentication Data (SAD) before it hits the call recorder and the contact centre infrastructure, the contact centre is taken out of the scope of PCI DSS, protected against the risk of opportunistic agent fraud and the associated reputational risk.
Published: Monday, March 23, 2015