Kvits

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. When a guest is ready to leave and wants to pay for the food quickly, he/she can either go on the Kvits website or open an installed application on a smart device. When a guest inputs the unique ID into the Kvits' application, it recognizes that particular dining area (table, booth & etc.) and it brings the entire order list on a screen of a smart device along with a total amount due. By using Kvits platform, a visitor can chose either to pay for it partially or to pay off the total amount due and add any tips if so wishes. If a party has more than just one guest, Kvits also has options to split a check in various ways. Each guest simply needs to input the unique ID into their Kvits application and then the same information of an order will be available on their smart devices as well. Kvits allows to split a check evenly among the logged-in users per selected unique ID and/or pay it partially by entering a certain amount, and/or pay for the exact order by selecting each item from the entire listed order. After a guest submits the payment via Kvits platform, it communicates to the POS system that the payment was received either in full or partially and then a server can either close the bill or collect the remaining balance from the guests at that particular dining area (table, booth & etc).

Dependencies are inferred from the claim text.