However, it is unlikely Paytm will follow Zomato's playbook.
In 2010, e-commerce major eBay had filed a similar notice against Indian food tech company Zomato (which was then known as Foodiebay) but legal proceedings came to naught as Foodiebay rebranded itself as Zomato within days of the notice. The PayPal NVP/SOAP APIs provide a set of application programming interfaces (APIs) that let you add PayPal payment and transaction functionality to your business applications. Mashable India reached out to both Paypal and Paytm for comment but did not receive a response. Whilst filing of oppositions is fairly normal in the industry, in the present case, it may also be a competitive move,” a counsel at one of India’s leading law firms told The Economic Times. “Paytm has been around for some time now and PayPal could have objected to the use of the mark by initiating legal proceedings. Some experts reckon there is a tinge of competitive concern in Paypal’s notice. The Noida-based company started operations in 2010.Īfter the Indian government’s recent ban on high-value currency notes, Paytm and other e-wallet companies have received a major push. This new brand representation was created just in time for the introduction of mobile apps to the world. This monogram sat on top of the company name and served as the new symbol for the brand. It has also surprised legal experts as Paytm is not new in the business. In addition to the new color and new typeface, PayPal also added a double-P monogram. 18, the very last day of expiry of the said period. It turns out that Paypal filed for trademark opposition on Nov. 18 for acceptance, which marked the beginning of a statutory period of four months within which said trademark could be opposed.
#Paypal logo app registration
Paytm’s trademark application was at final step of registration and was advertised on Jul. Paypal’s move has come at an interesting time. A copy of the notice is available online. The notice further states that both logos begin with the term ‘Pay’, which could cause “a likelihood of confusion” among customers. It has also accused the Indian company of “slavishly adopting the two-tone blue colour scheme in its entirety”. In a notice filed to the Indian Trademark office, the Silicon Valley firm has alleged that Paytm’s logo is “deceptively and confusingly similar” to Paypal’s. Paytm's mobile wallet surpasses all plastic card transactions in India
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