Visa, Google, BofA Sued Over Online Payment Patents

By Ryan Davis

Law360, New York (April 13, 2009, 12:00 AM ET) -- Numerous companies that offer prepaid gift cards and online payment options for customers — including Visa Inc., Bank of America Corp., Google Inc. and the Walt Disney Co. — have been sued by a patent-holding company that accuses them of infringing four of its patents for an electronic payment system.

Actus LLC, which is based in Marshall, Texas, filed the suit Thursday in the U.S. District Court for the Eastern District of Texas against a total of 20 companies.

In addition to Visa, Bank of America,...
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