Abstract: A system and computer implemented method for providing improved communication and payment options between merchants and consumers includes at least one user interface device for operation by a consumer, at least one merchant interface device for operation by a merchant, a system services environment comprising at least one computer system, at least one database, and a communications network. The system can include a plurality of secure user vaults that are linked to a user's financial institution to receive funds therefrom. The received funds are deposited into the user vault, and can be used to purchase goods and services from system merchants or to be transferred between system users. The system includes functionality for generating virtual credit cards that are tied to the funds stored within a user's vault and functionality for leaving merchant reviews which are shared with other system users.