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M&A / Property

Datametrex's Paymetrex teams up with AnywhereCommerce

By The Northwire Desk — AI Analysis Mar 19, 2026 · 17:39 DM · 0.05 Datametrex AI Ltd
DM · Price

Executive Summary

  • Datametrex AI Ltd.'s subsidiary, Paymetrex Payment Solutions Inc., entered into a royalty-bearing license agreement with AnywhereCommerce Inc. regarding Paymetrex's patent portfolio.
  • The agreement covers patents related to secure transaction processing and payment authorization, specifically targeting the rapidly expanding SoftPOS (software point-of-sale) market.
  • AnywhereCommerce will leverage this license to deploy SoftPOS-based solutions, allowing merchants to accept contactless payments via smartphones and NFC-enabled devices without dedicated hardware.

Key Details

  • Parties Involved: Paymetrex Payment Solutions Inc. (wholly owned subsidiary of Datametrex AI Ltd.) and AnywhereCommerce Inc.
  • Agreement Type: Royalty-bearing license.
  • Effective Date: March 17, 2026.
  • Asset Licensed: Paymetrex's patent portfolio, including multiple issued U.S. and Canadian patents.
  • Patent Scope: Covers secure transaction processing, payment authorization workflows, and integrated mobile-based acceptance architectures.
  • Target Market: SoftPOS (software point-of-sale) and tap-on-phone market.
  • Strategic Rationale: To capitalize on the acceleration of software-based payment acceptance solutions driven by financial institutions and fintech providers seeking scalable, low-cost merchant enablement.
  • Future Plans: Paymetrex intends to use AI-driven analytics tools (including its partnership with Pelent AI) to assess market alignment and prioritize further licensing opportunities within the mobile payments ecosystem.

Notable Quotes

  • "We believe that our patent portfolio may be relevant to software-based payment acceptance technologies... By joining forces with AnywhereCommerce our shareholders may benefit from the expansion of AnywhereCommerce's SoftPOS solutions, in the payments marketplace." — Paul Haber, Chief Executive Officer of Datametrex.
Read the original news release →

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