Abstract: There is provided a method for location based purchase of merchant credit vouchers, comprising: gathering merchant credit vouchers from sellers; mapping each respective merchant credit voucher to at least one geographical redeeming area; receiving a geographical location of a user; matching the user geographical location to a certain geographical redeeming area from the geographical redeeming areas to identify a group of merchant credit vouchers redeemable with at least one merchant located within the geographical redeeming area of the user; receiving a purchase order for purchase of at least one of the merchant credit vouchers from the group; transmitting a digital representation of the purchased merchant credit voucher to the mobile client terminal for payment by the user at the merchant; and crediting an account of the user and debiting an account of a seller of the purchased at least one merchant credit voucher after the transmission of the digital representation.