Sycurio welcomes settlement of global patent infringement litigation against competitor

GUILDFORD, UK and BOSTON, USA – June 28, 2024 - Sycurio™, the leading provider of seamless and secure multi-channel payment experiences for contact centers, is pleased to announce that it has reached an agreement with PCI Pal PLC and its related entities to settle the outstanding patent infringement litigation cases filed against PCI Pal in both the UK and US. The cases are now concluded, and the terms of the settlement agreement will remain confidential. 

Denise Parker, Sycurio’s CEO, commented: “We are delighted to have resolved the global dispute and as a pioneering technology business it is important that we defend our IP. Sycurio can now fully focus on developing its business with its US patented technology and related technology in the EU.  This settlement represents a positive step in Sycurio’s continued growth.”