Spurious claims from Patent Assertion Entities divert resources and investment away from true innovation and collaboration. We also recognize that a modern approach to technology development and innovation requires a level playing field around use of open source software. With membership of LOT and OIN, we are pleased to contribute to and extend the growing global community working together to reduce the PAE threat and lower barriers to use of open source technologies.  

UnionPay focuses on Fintech innovation and is committed to building an open platform that provides integrated payment services with global influence. Under the frame of legal and regulatory compliance, we are pleased to provide service and conduct active cooperation. We look forward to working with OIN and community members to protect our global business and the open source projects that encourage innovation.  

We remain focused on leveraging the best technologies for our platforms and are excited to join the Open Invention Network (OIN), that supports protection from patent infringement claims for the greater good of the wider innovation community.