THIS  WARRANT  HAS NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF 1933,  AS
AMENDED (THE "SECURITIES ACT") OR ANY OTHER APPLICABLE STATE SECURITIES LAWS AND
HAS BEEN ISSUED IN RELIANCE UPON  REGULATION D PROMULGATED  UNDER THE SECURITIES
ACT. THIS WARRANT SHALL NOT CONSTITUTE AN OFFER TO SELL NOR A SOLICITATION OF AN
OFFER TO BUY THE WARRANT IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION
WOULD BE UNLAWFUL.

THIS WARRANT MAY NOT BE SOLD,  PLEDGED,  TRANSFERRED OR ASSIGNED EXCEPT PURSUANT
TO AN  EFFECTIVE  REGISTRATION  STATEMENT  UNDER  THE  SECURITIES  ACT AND UNDER
APPLICABLE  STATE  SECURITIES  LAWS,  OR IN A  TRANSACTION  WHICH IS EXEMPT FROM
REGISTRATION  UNDER THE PROVISIONS OF THE SECURITIES ACT AND UNDER PROVISIONS OF
APPLICABLE STATE  SECURITIES LAWS; AND IN THE CASE OF AN EXEMPTION,  ONLY IF THE
COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH
TRANSACTION DOES NOT REQUIRE REGISTRATION THEREOF.

DATED: OCTOBER 13, 2000

                                     WARRANT

                  To Purchase 100,000 Shares of Common Stock of

                             OBJECTSOFT CORPORATION

                  THIS CERTIFIES that, for value received,  Moonlight  Holdings,
Ltd. (the  "Holder") is entitled,  upon the terms and subject to the  conditions
hereinafter  set forth, at any time on or after October 13, 2000 and on or prior
to 5:00 P.M., New York time on October 13, 2005 (the "Termination Date") but not
thereafter,  to  subscribe  for and  purchase  from  OBJECTSOFT  CORPORATION,  a
corporation   incorporated  under  the  laws  of  the  State  of  Delaware  (the
"Company"),  one hundred  thousand  (100,000)  shares (the "Warrant  Shares") of
Common  Stock,  par value $.0001 per share of the Company (the "Common  Stock").
The exercise  price of one share of Common Stock (the  "Exercise  Price")  under
this  Warrant  shall be equal to $1.00.  The  Exercise  Price and the  number of
shares for which the Warrant is  exercisable  shall be subject to  adjustment as
provided  herein.  This Warrant is being issued in connection  with that certain
$175,000 convertible promissory note of even date herewith issued by the Company
to the  order of the  Holder  (the  "Note"),  and is  subject  to its  terms and
conditions.  In the event of any conflict  between the terms of this Warrant and
the Note, the Note shall control in all respects.


<PAGE>


                  1.  Title of  Warrant.  Prior  to the  expiration  hereof  and
subject  to  compliance  with  applicable  laws,  this  Warrant  and all  rights
hereunder are transferable,  in whole or in part, at the office or agency of the
Company  by the holder  hereof in person or by duly  authorized  attorney,  upon
surrender of this  Warrant  together  with the  Assignment  Form annexed  hereto
properly endorsed.

                  2.  Authorization  of Shares.  The Company  covenants that all
shares  of  Common  Stock  which  may be  issued  upon the  exercise  of  rights
represented  by this Warrant will,  upon exercise of the rights  represented  by
this Warrant, be duly authorized,  validly issued,  fully-paid and nonassessable
and free from all taxes,  liens and  charges  in  respect  of the issue  thereof
(other than taxes in respect of any transfer  occurring  contemporaneously  with
such issue).

                  3. Exercise of Warrant.  Holder may exercise this Warrant,  at
any time or from time to time before the close of  business  on the  Termination
Date,  or such earlier  date on which this Warrant may  terminate as provided in
this  Warrant.  Holder may  exercise,  in whole or in part, by surrender of this
Warrant (with the exercise form attached  hereto duly executed) at the principal
office  of the  Company,  and by the  payment  to the  Company  of an  amount of
consideration therefor equal to the Exercise Price in effect on the date of such
exercise  multiplied  by the number of shares of Common  Stock  with  respect to
which this Warrant is then being  exercised,  payable at such Holder's  election
(i) by  certified  or  official  bank  check  or (ii)  until  such  date  that a
registration statement, registering the Warrant Shares or shares of Common Stock
issued  upon  conversion  of the  Note or any  convertible  security  issued  in
exchange  for the  Note,  has been  declared  effective  by the  Securities  and
Exchange  Commission,  by cashless  exercise,  in which event the Holder will be
entitled  to receive  the  Warrant  Shares  minus the number of shares of Common
Stock  valued  based on the closing bid price on the trading day  preceding  the
date of exercise equal to the Exercise  Price,  or (iii) by a combination of the
foregoing methods of payment selected by the Holder of this Warrant. In any case
where the consideration  payable upon such exercise is being paid in whole or in
part pursuant to the  provisions of clause (ii) of this Section 3, such exercise
shall  be  accompanied  by  written  notice  from  the  Holder  of this  Warrant
specifying the manner of payment  thereof and  containing a calculation  showing
the  number of shares of Common  Stock with  respect  to which  rights are being
surrendered  thereunder  and the net number of shares to be issued  after giving
effect to such surrender.

                  4. No  Fractional  Shares or Scrip.  No  fractional  shares or
scrip  representing  fractional shares shall be issued upon the exercise of this
Warrant.

                  5. Charges,  Taxes and Expenses.  Issuance of certificates for
shares of Common Stock upon the  exercise of this Warrant  shall be made without
charge to the Holder  hereof for any issue or transfer  tax or other  incidental
expense in respect of the issuance of such  certificate,  all of which taxes and
expenses shall be paid by the Company,  and such certificates shall be issued in
the  name of the  Holder  of this  Warrant  or in such  name or  names as may be
directed  by the Holder of this  Warrant;  provided  however,  that in the event
certificates  for  shares of Common  Stock are to be issued in a name other than
the name of the  Holder of this  Warrant,
<PAGE>

this  Warrant  when  surrendered  for  exercise  shall  be  accompanied  by  the
Assignment Form attached hereto duly executed by the Holder hereof; and provided
further,  that upon any  transfer  involved  in the  issuance or delivery of any
certificates for shares of Common Stock, the Company may require, as a condition
thereto,  the payment of a sum  sufficient  to reimburse it for any transfer tax
incidental thereto.

                  6.   Closing  of  Books.   The  Company  will  not  close  its
shareholder books or records in any manner which prevents the timely exercise of
this Warrant for a period of time in excess of five (5) trading days per year.

                  7. No Rights as Shareholder until Exercise.  This Warrant does
not  entitle  the  holder  hereof  to any  voting  rights  or other  rights as a
shareholder of the Company prior to the exercise thereof.  Upon the surrender of
this Warrant and the payment of the aggregate Exercise Price, the Warrant Shares
so  purchased  shall be and be deemed to be issued to such  holder as the record
owner of such  shares  as of the close of  business  on the later of the date of
such surrender or payment.

                  8.  Assignment  and  Transfer of Warrant.  This Warrant may be
assigned by the surrender of this Warrant and the Assignment Form annexed hereto
duly  executed at the office of the  Company (or such other  office or agency of
the Company as it may  designate by notice in writing to the  registered  holder
hereof at the address of such holder appearing on the books of the Company).

                  9. Loss,  Theft,  Destruction  or Mutilation  of Warrant.  The
Company  represents  and  warrants  that upon receipt by the Company of evidence
reasonably  satisfactory to it of the loss, theft,  destruction or mutilation of
this  Warrant  certificate  or any stock  certificate  relating  to the  Warrant
Shares,  and in case of loss,  theft or  destruction,  of  indemnity or security
reasonably satisfactory to it, if mutilated, and upon surrender and cancellation
of such  Warrant or stock  certificate,  the Company will make and deliver a new
Warrant or stock certificate of like tenor and dated as of such cancellation, in
lieu of such Warrant or stock certificate.

                  10.  Saturdays,   Sundays,  Holidays,  etc.  If  the  last  or
appointed  day for the  taking  of any  action  or the  expiration  of any right
required or granted herein shall be a Saturday,  Sunday or a legal holiday, then
such action may be taken or such right may be exercised  on the next  succeeding
day not a legal holiday.

                  11.  Effect of Certain  Events.  If the Common Stock  issuable
upon exercise of this Warrant shall be changed into the same or different number
of shares of any class or classes of stock,  whether by capital  reorganization,
reclassification,  stock split,  stock dividend,  or similar event,  then and in
each such event,  the holder of this Warrant shall have the right  thereafter to
exercise  this  Warrant  into the kind and  amount  of shares of stock and other
securities   and  property   receivable   upon  such   capital   reorganization,
reclassification  or other change which such holder would have received had this
Warrant  been  exercised  immediately  prior  to  such  capital  reorganization,
reclassification  or other  change.  If at any time or from  time to time  there
shall be a capital reorganization of the Common Stock (other than a subdivision,
reclassification or exchange of shares provided in the previous sentence),  or a
merger or consolidation of the
<PAGE>

Company with or into another  corporation,  or the sale of all or  substantially
all of the Company's properties and/or assets to any other person or entity (any
of which events is herein  referred to as a  "Reorganization"),  then as part of
such Reorganization, provision shall be made so that the holders of this Warrant
shall  thereafter  be entitled to receive  upon  exercise of this  Warrant,  the
number of shares of stock or other securities or property of the Company,  or of
the successor  corporation (or entity)  resulting from such  Reorganization,  to
which such holder  would have been  entitled if such  holder had  exercised  its
exercise rights granted hereunder  immediately prior to such Reorganization.  In
any such case,  appropriate  adjustment  shall be made in the application of the
provisions  of this  Section  with  respect  to the rights of the holder of this
Warrant after the Reorganization,  to the end that the provision of this Section
(including  adjustment  of the number of shares  issuable  upon exercise of this
Warrant) shall be applicable after that event in as nearly  equivalent manner as
may be practicable.

                  12.  Adjustments  of  Exercise  Price and  Number  of  Warrant
Shares.  In the event the Company  shall (i) declare or pay a dividend in shares
of Common Stock or make a  distribution  in shares of Common Stock to holders of
its outstanding  Common Stock,  (ii) subdivide its outstanding  shares of Common
Stock,  (iii)  combine  its  outstanding  shares of Common  Stock into a smaller
number of shares of Common  Stock or (iv) issue any shares of its capital  stock
in a  reclassification  of the Common Stock,  then the number of Warrant  Shares
purchasable  upon  exercise of this Warrant  immediately  prior thereto shall be
adjusted  so that the holder of this  Warrant  shall be  entitled to receive the
kind and number of Warrant  Shares or other  securities  of the Company which he
would  have  owned or have  been  entitled  to  receive  had such  Warrant  been
exercised in advance  thereof.  Upon each such adjustment of the kind and number
of Warrant  Shares or other  securities  of the  Company  which are  purchasable
hereunder,  the holder of this Warrant shall  thereafter be entitled to purchase
the number of Warrant Shares or other securities  resulting from such adjustment
at an  Exercise  Price per such  Warrant  Share or other  security  obtained  by
multiplying the Exercise Price in effect immediately prior to such adjustment by
the number of Warrant Shares  purchasable  pursuant hereto  immediately prior to
such adjustment and dividing by the number of Warrant Shares or other securities
of the Company  resulting from such  adjustment.  An adjustment made pursuant to
this Section shall become effective immediately after the effective date of such
event retroactive to the record date, if any, for such event.

                  13.  Voluntary  Adjustment by the Company.  The Company may at
any time during the term of this Warrant reduce the then current  Exercise Price
to any  amount  and for any period of time  deemed  appropriate  by the Board of
Directors of the Company.

                  14.  Notice of  Adjustment.  Whenever  the  number of  Warrant
Shares or number or kind of securities or other  property  purchasable  upon the
exercise of this Warrant or the Exercise Price is adjusted,  as herein provided,
the Company shall promptly mail by registered or certified mail,  return receipt
requested,  to  the  holder  of  this  Warrant  notice  of  such  adjustment  or
adjustments  setting forth the number of Warrant Shares (and other securities or
property)  purchasable  upon the exercise of this Warrant and the Exercise Price
of such Warrant Shares (and other securities or property) after such adjustment,
setting  forth a brief  statement of the facts  requiring  such  adjustment  and
setting forth the computation by which such adjustment was
<PAGE>

made. Such notice, in absence of manifest error, shall be conclusive evidence of
the correctness of such adjustment.

                  15. Authorized  Shares.  The Company covenants that during the
period this Warrant is  outstanding,  it will reserve  from its  authorized  and
unissued Common Stock a sufficient  number of shares to provide for the issuance
of the  Warrant  Shares  upon the  exercise of any  purchase  rights  under this
Warrant.  The Company further  covenants that its issuance of this Warrant shall
constitute  full  authority  to its  officers  who are charged  with the duty of
executing stock certificates to execute and issue the necessary certificates for
the Warrant Shares upon the exercise of the purchase  rights under this Warrant.
The Company will take all such  reasonable  action as may be necessary to assure
that such Warrant Shares may be issued as provided  herein without  violation of
any applicable law or regulation,  or of any requirements of the NASDAQ SmallCap
Market or any domestic  securities  exchange  upon which the Common Stock may be
listed.

                  16. Piggyback  Registration  Rights If at any time the Company
shall determine to prepare and file with the Commission a registration statement
relating to an offering  for its own account or the account of others  under the
Securities Act of any of its equity  securities,  other than on Form S-4 or Form
S-8 (each as  promulgated  under  the  Securities  Act) or its then  equivalents
relating  to equity  securities  to be  issued  solely  in  connection  with any
acquisition  of  any  entity  or  business  or  equity  securities  issuable  in
connection with stock option or other employee  benefit plans, the Company shall
send to the Holder written notice of such  determination  and, if within 30 days
after  receipt of such  notice,  any Holder  shall so request in writing  (which
request  shall  specify  the  Warrant  Shares  intended to be disposed of by the
Holder), the Company will cause the registration under the Securities Act of all
Warrant  Shares  which the  Company  has been so  requested  to  register by the
Holder,  to the extent requisite to permit the disposition of the Warrant Shares
so to be registered, provided that if at any time after giving written notice of
its intention to register any  securities and prior to the effective date of the
registration  statement filed in connection with such registration,  the Company
shall determine for any reason not to register or to delay  registration of such
securities,  the  Company  may, at its  election,  give  written  notice of such
determination to the Holder and,  thereupon,  (i) in the case of a determination
not to  register,  shall be relieved of its  obligation  to register any Warrant
Shares  in  connection  with  such  registration,  and  (ii)  in the  case  of a
determination to delay registering,  shall be permitted to delay registering any
Warrant Shares being registered  pursuant to this Section 16 for the same period
as the delay in registering such other securities.  The Company shall include in
such  registration  statement all or any part of such Warrant Shares such Holder
requests to be registered.

                  17.      Miscellaneous.

                  (a) Choice of Law; Venue;  Jurisdiction.  This Warrant will be
construed and enforced in accordance  with and governed by the laws of the State
of New York,  except for matters arising under federal  securities law,  without
reference to  principles  of  conflicts  or choice of law  thereof.  Each of the
parties consents to the  jurisdiction of the U.S.  District Court sitting in the
Southern  District of the State of New York or the state  courts of the State of
New York sitting in Manhattan in connection  with any dispute arising under this
Note and hereby waives,  to
<PAGE>

the maximum  extent  permitted by law, any  objection,  including  any objection
based on forum non  conveniens,  to the bringing of any such  proceeding in such
jurisdictions.  Each party hereby  agrees that if another  party to this Warrant
obtains a judgment  against it in such a  proceeding,  the party which  obtained
such judgment may enforce same by summary  judgment in the courts of any country
having jurisdiction over the party against whom such judgment was obtained,  and
each party hereby waives any defenses available to it under local law and agrees
to the  enforcement of such a judgment.  Each party to this Warrant  irrevocably
consents  to the  service of process in any such  proceeding  by the  mailing of
copies thereof by registered or certified mail,  postage prepaid,  to such party
at its address set forth  herein.  Nothing  herein shall affect the right of any
party to serve  process in any other manner  permitted by law. Each party waives
its right to a trial by jury.

                  (b)  Restrictions.  The holder  hereof  acknowledges  that the
Warrant Shares  acquired upon the exercise of this Warrant,  if not  registered,
will have restrictions upon resale imposed by state and federal securities laws.
Each  certificate  representing  the  Warrant  Shares  issued to the Holder upon
exercise will bear the following legend:

         "THE SECURITIES  EVIDENCED BY THIS  CERTIFICATE HAVE NOT BEEN
         REGISTERED  UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
         "SECURITIES  ACT"), OR ANY OTHER  APPLICABLE  SECURITIES LAWS
         AND HAVE BEEN ISSUED IN RELIANCE  UPON AN EXEMPTION  FROM THE
         REGISTRATION  REQUIREMENTS  OF THE  SECURITIES  ACT AND  SUCH
         OTHER SECURITIES LAWS. NEITHER THIS SECURITY NOR ANY INTEREST
         OR  PARTICIPATION  HEREIN MAY BE REOFFERED,  SOLD,  ASSIGNED,
         TRANSFERRED,  PLEDGED, ENCUMBERED,  HYPOTHECATED OR OTHERWISE
         DISPOSED OF,  EXCEPT  PURSUANT TO AN  EFFECTIVE  REGISTRATION
         STATEMENT   UNDER  THE   SECURITIES  ACT  OR  PURSUANT  TO  A
         TRANSACTION  THAT IS EXEMPT  FROM,  OR NOT  SUBJECT  TO, SUCH
         REGISTRATION."

                  (c) Modification  and Waiver.  This Warrant and any provisions
hereof may be changed, waived, discharged or terminated only by an instrument in
writing signed by the party against which enforcement of the same is sought.

                  (d) Notices. Any notice, request or other document required or
permitted to be given or delivered to the holders hereof by the Company shall be
delivered or shall be sent by certified or registered mail, postage prepaid,  to
each such  holder at its  address as shown on the books of the Company or to the
Company at Continental Plaza III, 433 Hackensack Avenue, Hackensack, New Jersey.


<PAGE>




                  IN WITNESS WHEREOF,  the Company has caused this Warrant to be
executed by its officer  thereunto duly  authorized as of the date first written
above.

                             OBJECTSOFT CORPORATION





                             By: /s/ David E.Y. Sarna
                                ------------------------------------------------
                                Name: David E.Y. Sarna
                                Title: Chairman of the Board

<PAGE>


                               NOTICE OF EXERCISE

To:      OBJECTSOFT CORPORATION

                  (1) The undersigned  hereby elects to purchase ________ shares
of Common Stock,  par value $.0001 per share (the "Common  Stock") of OBJECTSOFT
CORPORATION  pursuant to the terms of the attached Warrant, and tenders herewith
payment of the exercise  price in full,  together with all  applicable  transfer
taxes, if any.

                  (2) Please issue a certificate  or  certificates  representing
said shares of Common Stock in the name of the undersigned or in such other name
as is specified below:

                           -------------------------------
                           (Name)

                           -------------------------------
                           (Address)

                           -------------------------------


                  (3) The shares of Common Stock being issued in connection with
the exercise of the attached  Warrant are [not] being issued in connection  with
the sale of the Common Stock.

Dated:

                                                 -------------------------------
                                                 Signature


<PAGE>


                                 ASSIGNMENT FORM

               (To assign the foregoing Warrant, execute
              this form and supply required information.
            Do not use this form to exercise the Warrant.)

                  FOR VALUE  RECEIVED,  the foregoing  Warrant and all
rights evidenced thereby are hereby assigned to

_______________________________________________ whose address is


___________________________________________________________________.


___________________________________________________________________

                                           Dated: ______________, 200_


                           Holder's Signature: _____________________________

                           Holder's Address:   _____________________________

                                               _____________________________


Signature Guaranteed:  ___________________________________________




NOTE: The signature to this  Assignment Form must correspond with the name as it
appears on the face of the Warrant  without  alteration  or  enlargement  or any
change whatsoever,  and must be guaranteed by a bank or trust company.  Officers
of  corporations  and  those  acting  in an  fiduciary  or other  representative
capacity  should  file  proper  evidence of  authority  to assign the  foregoing
Warrant.