Company Filing History:
Years Active: 2014-2017
Title: Jordan Bar Am: Innovator in Electronic Gratuity Systems
Introduction
Jordan Bar Am is an accomplished inventor based in Hoboken, NJ (US). He has made significant contributions to the field of electronic gratuity systems, holding a total of 3 patents. His innovative approach has paved the way for more efficient methods of collecting and disbursing gratuities in various business settings.
Latest Patents
One of Jordan's latest patents is titled "System and method for collecting and disbursing electronic gratuities." This invention relates to systems and methods that facilitate the collection and distribution of electronic gratuities. In one embodiment, a device is provided at a place of business, allowing consumers to submit gratuities via credit card. The method involves consumers paying a predetermined or adjustable gratuity amount by inserting their credit card into the device. Additionally, the invention includes technological infrastructure that transmits encrypted payment information, enabling the acquiring bank to authorize gratuity transactions. This system allows the bank to credit the device provider's merchant account with electronic gratuity payments, minus acquisition fees. Another embodiment of the invention outlines a method for disbursing gratuity shares to employees, with processing fees collected by the device provider.
Career Highlights
Jordan has worked with notable companies, including Dipjar Inc. His experience in the industry has allowed him to refine his skills and contribute to the development of innovative solutions in the field of electronic payments.
Collaborations
Jordan has collaborated with talented individuals such as Ryder Kessler and Judd Kessler. These partnerships have likely enhanced his work and contributed to the success of his inventions.
Conclusion
Jordan Bar Am is a forward-thinking inventor whose work in electronic gratuity systems has the potential to transform how businesses handle gratuity payments. His patents reflect a commitment to innovation and efficiency in the payment processing industry.