Paysign, Inc. — Director's Dealing 2024

Jan 25, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Paysign, Inc. (PAYS)
CIK: 0001496443
Period of Report: 2024-01-22

Reporting Person: Topline Capital Management, LLC (See Explanation in Footnotes)
Reporting Person: McBirney Collin (See Explanation in Footnotes)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5356872	Indirect

Footnotes

F1: The reporting persons are (i) Topline Capital Management, LLC, an exempt reporting adviser ("TCM"), and (ii)Collin McBirney, TCM's managing member.

F2: Each reporting person may be deemed to beneficially own more than 10% of the issuer's outstanding shares of common stock. Each reporting person disclaims beneficial
ownership of the shares of common stock reported herein except to the extent of its or his pecuniary interest therein, and this report shall not be deemed to be an admission
that any reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

F3: 5,356,872 shares of common stock reported in Table I on this Form 3 are beneficially owned by Topline Capital Partners, LP, a Delaware limited partnership (the "Fund").
As a greater than 10% beneficial owner, the Fund is separately reporting its holdings in the issuer's securities on a Form 3 filed concurrently herewith. Each of TCM, as the
investment manager and general partner of the Fund, and Mr. McBirney, as managing member of TCM, may be deemed to be the beneficial owner of the shares of common
stock beneficially owned by the Fund.