INTRODUCTION TO THE OPERATION OF MAINSTREETMONEY™ "SMART LOYALTY" PROGRAM

The design specification of MainStreetMoney™ and its ability to integrate with mobile phones over public networks (m-commerce) provides the company with a distinct point of difference to competitors and the addition of "Smart Loyalty", a term used by MainStreet, addresses the fundamental need to combine electronic payments and cash rewards for loyalty, with a mobile communications device. The multiple commercial needs can be articulated by addressing how the MainStreetMoney™ payment technology is applied cross defined market sectors. In some cases, MainStreet offers a payment solution where presently none exists.

Where MainStreetMoney™ Smart Loyalty will be used

There are four main scenarios where MainStreetMoney™ will be used: Person-to-person (p2p) gift or reward transfers or payments, Point Of Sale (POS) redemption transactions, Digital download transactions, and Internet based payments for purchases. Each is outlined graphically below.

The MainStreetMoney™ is a powerful; m-commerce program that conducts transactions over standard SMS transmissions from any mobile phone nationally and internationally. Inbuilt is a "smart loyalty" program that rewards Members in cash for their spending habits at participating merchants premises either online or at the point of sale. Cash Rewards can be earned by members, in a number of ways including the transmission of loyalty codes for highly discounted products, coupons and vouchers and of course by making payments directly for goods using SMS with their MainStreetMoney™

There is no other product that provides all these features as well as a Card from which to access one's online account. MainStreet's experience and vision in developing mobile payment and internet based products is second to none.