Patently Apple posted a report in early February that Apple Pay was coming to South Korea starting with large stores such as KFC, Costco and more. In mid-March we followed-up with a report titled "Apple is Reportedly set to Launch a Mega Apple Pay Advertising Blitz prior to its Launch in Korea on March 21." On March 22, a Korean tech site report posted a report titled "Launch of Apple Pay Makes Samsung Electronics Nervous. So it's no surprise to learn today that a South Korean company is suing Apple for patent infringement in context with Apple Pay in the hopes of tarnishing Apple and the Apple Pay service in South Korea.

Business Korea is reporting this morning that Korea's "Bizmodeline is claiming that Apple Pay infringed upon its patent. It is an intellectual property company that owned more than 1,500 patents at the end of last year." A few of them have been filed in the U.S. 

According to the company, the payment method of Apple Pay infringes upon its patent applied for in 2005. According to the patent, a user’s mobile phone is brought close to a payment terminal, and then a token code for one-time verification is generated on the phone. This code is sent to the payment terminal by near-field communication (NFC), a card issuer’s server receives the token code via its payment network for verification, and then the payment is processed based on the verification result.

Bizmodeline is claiming that the method of Apply Pay is almost identical to the content of their patent, including claims.