Bust payments business Powa could face a fight over its technology

▤ Summary

The "formal notice" Ensygnia issued Powa Technologies is a little like a warning shot — it doesnt constitute legal action but is a possible precursor to it. Powas founder and CEO Dan Wagner did not respond to an email and call from Business Insider requesting comment. Powa Technologies, which also makes online websites for retailers and mobile card readers, fell into administration last month. The app is a bit like an e-commerce Shazam — users can buy products by scanning adverts, pictures, QR codes, or audio waves. A corporate brochure says: "Onescan acts as a combined digital passport and wallet allowing you to manage your identity and give you total control over your personal data."

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