Northwire Canada EditionWednesday, July 22, 2026
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Paymetrex Launches Patent Licensing Program to Monetize Mobile Payments IP Portfolio

DM · Price

Executive Summary

  • Datametrex AI Limited’s wholly‑owned subsidiary, Paymetrex Payment Solutions Inc., announced the launch of a comprehensive patent licensing program to monetize its mobile payments IP portfolio.
  • The portfolio includes eight U.S. patents (e.g., Nos. 8,286,875; 10,592,894) and two Canadian patents (Nos. 2,752,053; 2,967,042), some already licensed to industry participants.
  • Paymetrex will target payment processors, fintech platforms, merchants and infrastructure providers for licensing agreements, with additional deals expected as negotiations progress.

Key Details

  • Patent Portfolio:
  • United States Patents: 8,286,875; 8,281,998; 8,534,554; 10,592,894; 10,592,895; 10,970,709; 10,970,710.
  • Canadian Patents: 2,752,053; 2,967,042.

  • Market Context:

  • U.S. mobile point‑of‑sale payment volume reached approximately $797 billion in 2025 (eMarketer).
  • Digital wallet payments are projected to grow at double‑digit rates globally (Statista).

  • Licensing Strategy:

  • Focus on parties whose activities fall within the scope of Paymetrex’s patent claims.
  • Aim to reduce IP risk for partners, accelerate adoption of payment infrastructure, and enable more secure, flexible transaction solutions.

  • Future Outlook:

  • Paymetrex expects to announce additional licensing agreements and strategic partnerships as discussions conclude.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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