Ryder Kessler

Title: Ryder Kessler: Innovator in Payment Technology

Introduction

Ryder Kessler is a notable inventor based in New York, NY (US), recognized for his contributions to payment technology. With a total of 4 patents, Kessler has made significant strides in developing systems that enhance the way gratuities are collected and disbursed electronically.

Latest Patents

One of Kessler's latest patents is a payment device that focuses on a system and method for collecting and disbursing electronic gratuities. This invention relates to the creation of a device that allows consumers to submit gratuities via credit card at various locations. The method involves consumers paying a predetermined or adjustable gratuity amount by inserting their credit card into the device. Additionally, the technological infrastructure ensures that encrypted payment information is transmitted, allowing the acquiring bank to authorize gratuity transactions. This innovation enables the device provider to credit their merchant account with electronic gratuity payments after deducting acquisition fees. Furthermore, Kessler's patent includes a method for disbursing gratuity shares to employees, with processing fees collected by the device provider.

Career Highlights

Throughout his career, Ryder Kessler has worked with various companies, including Dipjar Inc. His work has focused on improving payment systems and enhancing user experience in financial transactions.

Collaborations

Kessler has collaborated with notable individuals such as Judd Kessler and Jordan Bar Am, contributing to the development of innovative payment solutions.

Conclusion

Ryder Kessler's work in payment technology exemplifies his commitment to innovation and improving financial transactions. His patents reflect a deep understanding of consumer needs and technological advancements in the payment industry.