Usio, Inc. — Director's Dealing 2007

Jun 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2007-06-20

Reporting Person: HOCH LOUIS A (Director, President & COO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-20	Common Stock	S	10000	$0.091	Disposed	10427460	Direct

Footnotes

F1: This stock sale was effected pursuant to a 10(b)5-1 trading plan effective as of June 4, 2007.