SYSTEM AND METHOD FOR PROCESSING CONSUMER TRANSACTIONS USING A CENTRAL SERVER AND A MOBILE PROCESSOR

A system and method for obtaining an item includes retrieving consolidated data concerning an item from a provider infrastructure, the consolidated data including data elements from a source of the item and data elements concerning a mobile user of the provider infrastructure. Verifiable authorization is retrieved from the provider infrastructure for the mobile user of the provider infrastructure to obtain the item from the source of said item consistent with the consolidated data. The consolidated data may have various data elements specific to the source of the items such as price offers, rebates, incentives and discounts and location of the item and various data elements specific to the mobile user such as gift certificates, loyalty programs, buyers' group participation and location of the mobile user in relation to the specific source. The verifiable authorization from said provider infrastructure is displayed on a device for said mobile user of said provider infrastructure to obtain the item from the source of the item consistent with the consolidated data. If a purchase decision is made, the system and method for obtaining an item may also include retrieving payment verification from the provider infrastructure for the item from the source of the item. This payment verification is consistent with the consolidated data and by a preselected method of payment by the mobile user of the provider infrastructure. The provider infrastructure is updated with data related to the mobile user of the provider infrastructure and the source of the item.