Company Filing History:
Years Active: 2012-2018
Title: Mike Kelly: Innovator in Closed Loop Card Processing
Introduction
Mike Kelly is a notable inventor based in Langhorne, PA (US). He has made significant contributions to the field of payment processing, particularly in the area of closed loop cards. With a total of 10 patents to his name, Kelly's work has paved the way for innovative solutions in the financial technology sector.
Latest Patents
One of Kelly's latest patents is a system and method for processing closed loop cards at a merchant point of sale. This invention discloses systems, methods, and computer-readable storage media for redeeming a closed loop card or code funded with an amount of money. The system allows a merchant to receive an indication from a consumer who wishes to sell a closed loop account not issued by the merchant. It also confirms the amount of money in the closed loop account via a computing device. The system then presents the consumer with an offer to buy the closed loop account and processes the account to yield a processed closed loop account. This innovation applies a benefit to the consumer based on the processed closed loop account.
Career Highlights
Throughout his career, Mike Kelly has worked with various companies, including Giftcodes.com, LLC and Giftcards.com, LLC. His experience in these organizations has contributed to his expertise in payment processing technologies.
Collaborations
Some of his notable coworkers include Jason Wolfe and Mark Romanelli. Their collaboration has likely fostered an environment of innovation and creativity in their respective projects.
Conclusion
Mike Kelly's contributions to the field of closed loop card processing demonstrate his commitment to innovation and technology. His patents reflect a deep understanding of consumer needs and the evolving landscape of payment systems.