Patents by Inventor Denis Timchuk

Denis Timchuk has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20160260070
    Abstract: Kvits is a payment platform that brings the convenience to the consumer and significantly increases the amount of sales to businesses such as restaurants, bars and other food related places. Kvits stimulates the flow of visitors to a great extent by reduction of wait time or so called the Three Waits Cycle (3W's), which includes: the wait to request a check, the wait for a check and the wait for a change or a credit card return. Kvits' platform allows to make payments for the ordered food without the presence of a server avoiding annoying waits and be on your way to your next destination faster. It is a win-win situation as for the consumer and as for the business. The way Kvits works is that each table, booth or any assigned dining area has its own unique identification placed on it. This unique ID can be in a variety of forms such as a barcode, QR code and/or some other unique identification depending on Kvits configuration and customization.
    Type: Application
    Filed: March 4, 2015
    Publication date: September 8, 2016
    Inventor: Denis Timchuk
  • Patent number: 8281987
    Abstract: TIM System is the system that will allow people around the world to wire money more efficiently and more sufficiently. There is no more waiting in line and/or for the hours of operation of Money Transfer Companies such as Western Union, Money Gram and etc. TIM System is capable to wire money in matter of minutes on any day at any time including the major holidays just by using ATMs. TIM System is the unique program that is setup in financial institutions and allows its ATMs to operate the money wire transactions worldwide. TIM System program is an extra feature that works along with or communicates to ATMs and gives people an opportunity to send (wire) and/or receive (withdraw) money through it when it is most needed. Simply by using a major credit or debit card via TIM System anyone can request a money wire transaction at any ATM and its financial institutions.
    Type: Grant
    Filed: July 23, 2009
    Date of Patent: October 9, 2012
    Inventor: Denis Timchuk
  • Publication number: 20110017819
    Abstract: TIM System is the system that will allow people around the world to wire money more efficiently and more sufficiently. There is no more waiting in line and/or for the hours of operation of Money Transfer Companies such as Western Union, Money Gram and etc. TIM System is capable to wire money in matter of minutes on any day at any time including the major holidays just by using ATMs. TIM System is the unique program that is setup in financial institutions and allows its ATMs to operate the money wire transactions worldwide. TIM System program is an extra feature that works along with or communicates to ATMs and gives people an opportunity to send (wire) and/or receive (withdraw) money through it when it is most needed. Simply by using a major credit or debit card via TIM System anyone can request a money wire transaction at any ATM and its financial institutions.
    Type: Application
    Filed: July 23, 2009
    Publication date: January 27, 2011
    Inventor: Denis Timchuk