System and method for a consumer to merchant negotiation

A system for a consumer to merchant negotiation, comprising:

• a consumer device configured to generate a time-limited initial offer for purchasing at least one product of choice from at least one merchant of choice, wherein the initial offer includes at least an offered price for the product of choice, the at least one merchant of choice, and the product of choice, wherein the initial offer expires after a predefined timeframe;
• a mediatorial server including at least a processing unit and configured to receive the initial offer, to determine whether the initial offer made by the consumer is valid, and to notify the at least one merchant of choice about the initial offer from the consumer with respect of the at least one product of choice without revealing consumer information;
• and
• a merchant device of a merchant of choice configured to generate at least a time-limited response respective of the initial offer, the content of the time-limited response includes one of an acceptance of the initial offer, a decline of the initial offer, and a time-limited counter-offer;
• and
• wherein the mediatorial server is further configured to process the time-limited response generated by the merchant device to determine if the consumer to merchant negotiation has not been concluded.