News & Events

TAIPEI, Taiwan, June 15. 2016 – Taiwan based Taisys Technologies, won a thin SIM card patent litigation in the Higher People's Court of Beijing Municipality of China.

Taisys Technologies is an international telecommunications and financial service provider which provides value-added services via its thin SIM card technology across the globe. In China, 15 million mobile banking subscribers are using Taisys’ thin SIM cards.

The Taisys’ patents were challenged by two companies, including Watchdata - one of the largest Chinese legacy SIM card providers, in 2011.

After two years of litigations in various courts and appellate forums, the Higher People's Court of Beijing Municipality in Oct 2013 ruled Taisys’ patents to be valid in China.

In January 2014, another appeal was made to Supreme People’s Court of China to retry the case.

Eventually, in May 2016 the Beijing Higher People's Court upheld the verdict re-confirming Taisys patent validation.

The patent was applied for in December 2005 and approved by the Patent Re-examination Board of the SIPO in China in April 2009.  This win along with patents in 47 other countries will help Taisys to further its international footprint.

Jason Ho, Chairman of Taisys Technologies, stressed, "This patent is the foundation of Taisys’ innovation in terms of smart card and eSIM technology. The services launched include slimduet, a unique cost-saving prepaid solution for international travelers, SIMoME and SIMoME pay, a unique mobile banking platform and most recently its WuKong platform for telecom service providers.  As for the global expansion, Taisys has expanded its reach into Indian Subcontinent and Africa."

In Kenya, in partnership with Equitel, Taisys is the only thin SIM card based mobile banking solution provider approved by Kenyan Government.

Equitel^*3, subsidiary of Equity Bank, recently won US$2.5 million funding from MasterCard Foundation for innovation based on Taisys’ technology, to assist with development of financial inclusion services in the rural areas of Kenya.

In India Taisys has partnered up with Yes Bank, India's largest Greenfield bank, introducing a thin SIM enabled payments solutions for  comprehensive financial inclusion. "The YES PAYMENTS wafer is linked to a Prepaid Wallet which can be loaded by the consumer to perform various types of transactions. The transactions are performed using a patented encrypted SMS technology to communicate with the servers of the Bank

National Payment Corporation of India^*4 (NPCI) is also collaborating with Taisys to build a common platform to provide mobile banking to all other banks.

*1: Equity Bank Limited (The “Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The bank offers inclusive, customer focused financial services that socially and economically empower its clients and other stakeholders. Equity provides inclusive financial services that transform livelihoods, give dignity and expand opportunities.

*2: The MasterCard Foundation is contributing to an inclusive, more equitable Africa by supporting the implementation of proven development models and scalable approaches. These initiatives tackle some of the big challenges the people of Africa face, such as a lack of access to financial services and quality education.

*3: Equitel, Equity Bank Group Limited’s mobile banking service, customers can access both banking and telecom services from voice, data and SMSs. Banking services will include sending, receiving and withdrawing money using your phone, receiving diaspora remittances directly to your account and accessing them on a mobile phone, loans, insurance, investments, internet banking by default and cross border money transfer services.

*4: National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA). 

About Taisys

Taisys Technologies Co. Ltd., member of GSMA and ETSI, a world leader in providing mobile interconnectivity and vertical integration services across various industries. With its patented SIMoME technology, TAISYS slimduet® provides global travellers alternative roaming services within 200 countries. slimduet® the world’s 1st live ecosystem of consumer eSIM technology. Taisys is launching the initiative GreenRoam Alliance, to overcome the concerns of customer ownership and lost revenue (ARPU) due to OTT disruption, price erosion, margin squeeze whilst providing a resolution for net neutrality. Taisys has R&D centres in Taipei, Bejing, Chongqing and India, with regional offices located in Taiwan, China Beijing, Chongqing, Hong Kong, Singapore, India, South Africa, Russia and Spain.