FREQUENTLY ASKED QUESTIONS
This section lists the most common frequently asked questions about MainStreet,
our products and technologies. If your query is not answered satisfactorily by the
answers below, please contact MainStreet through the Contact Us tab on this web
site.
What does MainStreet do?
MainStreet provides a number of eCommerce, mCommerce and Point of Sale technologies
via a “Soft Payment Transaction Switch” which provides online and mobile Merchants
with the ability to authorise any electronic payment in any location. We are an
online and mobile business' one stop shop for all their mobile payment needs, providing
everything from assistance in establishing a merchant facility, to supplying the
equipment plus financing, to providing support for as long as the MainStreet merchant
facility is active. A strong value added proposition for the use of this technology
supplied by MainStreet, is the addition of “smart loyalty” products, which are customised
or “white labelled” for each Merchant to enrol and offer additional loyalty offers
to their own customers at the point of sale or online. This added value service
offers point of sale Merchants the ability to “extend their floor space……into cyberspace”,
thus providing opportunities to expand sales and increase repeat business from profiled
and happy customers.
When was the MainStreet eCommerce Community started?
The MainStreet eCommerce and mCommerce Online Community concept was founded over
12 years ago and the point of sale technology deployed by MainStreet was acquired
throughout this period from the company’s Founder and in-house development. Armed
with this strategic technology, MainStreet developed a number of ancillary services
being a specialised Shopping Mall called MainStreetMalls
(www.mainstreetmalls.com) which offers an array of products and services
for global distribution and can be “white labelled” by our clients and its categories
are available for use and addition to any Merchants shopping experience. In addition,
MainStreet has developed a Market, called MainStreetMarkets
(www.mainstreetmarkets.com.au) where cardholders can Buy, Sell, Swap and
Trade their own goods and services. Our MainStreetMoneyTM product also underpins
our Property Trading site seen at
(www.mainstreetpropertytraders.com) This online sellers and buyers Market
too, can be “white labelled” for Merchants and has one big difference to online
Auction sites, it has no timeline for Buyers to abide by and acts for the Seller
as a large “garage sale” and with many millions of dollars in real property, boats,
cars and recreational vehicles, we offer a powerful tool to attract new business
and customers.
Where can I get MainStreet eCommerce, mCommerce and POS products?
All MainStreet products and services are available both directly from MainStreet
and through this secure website. Either complete your order safely online or contact
MainStreet to speak to a friendly assistant.
What's required to open an MainStreet Merchant facility?
To open an MainStreet Merchant facility an Applicant must have:
1. a registered business or company (ABN, ACN or Sole Trader);
2. a valid bank account;
3. trading history of more than 6 months.
We will help you with the rest including establishing your Merchant facility at
the point of sale and online, supplying your equipment and providing ongoing technical
support. You can download the entire set of mPOS™ Merchant Application forms directly
from this website by going to Support / Merchant Forms, including Terms & Conditions.
What is a “reversal”
Recovery-reversal is a complex banking process, which ensures that you do not lose
any money or double charge your clients when a financial transaction is not successfully
completed. “Reversals” apply ONLY to financial transactions and are caused by time
outs due to network being down before or after the financial transaction was sent,
or due to acquiring bank being not available to receive, process or respond to your
transaction, or due to printer failure to print receipts. Once the cause has been
eliminated, the terminal will automatically send the “Reversal” to notify the acquiring
bank, before a new financial transaction is processed or you initiate a Settlement.
The result is the cancellation of the original (failed) transaction.
Can MainStreet help me trade online with my own Shopping Mall?
MainStreet can provide a completely white labelled online Shopping Mall or Market
including a number of Categories which you can chose from to “pad out” your own
online Store when you may not have enough products or services of your own. This
product included a complete eWallet payment system to add additional security to
your online Store as well as Merchant facilities so you can accept credit, debit
and other stored value cards, such as Visa, Mastercard, Amex and Dinners Club cards.