South Korean company Samsung reacted to a possible ban on the payment service Samsung Pay in Russia after the decision of the Moscow Arbitration Court. In RIA Novosti, they said that the documents are currently studying, but for now changes in the work are not planned.
“At the moment we are studying the received documents, no changes in the operational activities of Samsung are currently planned,” the representative of the press service of the company commented.
Previously, the threat to the payment service was reported to the newspaper Kommersant. The publication referred to the decision of the Moscow Arbitration Court, who supported the requirements of the Squin Ca (Patent Rightholder), which accuses Samsung Electronics Rus Company and Samsung Electronics Co Ltd. In the illegal use of electronic payment system technology.
The court came to the conclusion that Samsung Pay was used by Squin SA patent technology, and forbade Samsung “The use of products that includes Samsung Rau, namely, the offer for sale, other introduction to the civil turnover in the territory of the Russian Federation” .
The court decision may be appealed during the month.