Pittsburgh, PA, United States of America

Sanjay Akut


Average Co-Inventor Count = 5.0

ph-index = 5

Forward Citations = 135(Granted Patents)


Company Filing History:


Years Active: 2012-2018

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10 patents (USPTO):Explore Patents

Title: **The Innovative Mind of Sanjay Akut: Pioneering Closed Loop Card Solutions**

Introduction

Sanjay Akut, an accomplished inventor based in Pittsburgh, PA, has established himself as a significant contributor to the field of technology with a total of 10 patents to his name. His innovative approaches have led to the development of advanced systems for processing closed loop cards, revolutionizing the merchant point of sale experience.

Latest Patents

One of Akut's latest inventions is a system and method for processing closed loop cards at a merchant point of sale. This innovative system encompasses methods and computer-readable storage media that facilitate the redemption of closed loop cards or codes funded with a specific amount of money. The process begins when a consumer expresses a desire to sell a closed loop account, which was not issued by the merchant, accompanied by a confirmation of the balance in that account. The system then offers to buy the account and processes it accordingly, applying benefits to the consumer based on the transition of the closed loop account.

Career Highlights

Throughout his career, Sanjay Akut has worked with leading companies in the field, including Giftcodes.com, LLC and Giftcards.com, LLC. His experience in these organizations has honed his skills in developing inventive solutions tailored to the evolving needs of consumers and merchants alike.

Collaborations

In his professional journey, Akut has collaborated with notable individuals such as Jason Wolfe and Mark Romanelli. Their collective efforts have undoubtedly contributed to the successful execution of ground-breaking innovations and projects within the industry.

Conclusion

Sanjay Akut's inventive spirit and contributions to the realm of closed loop card processing reflect a commitment to advancing technology in a meaningful way. With numerous patents under his belt and a history of impactful collaborations, he continues to shape the future of merchant transactions, paving the way for more efficient financial solutions.

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