Usio, Inc. — Director's Dealing 2008

Dec 16, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYMENT DATA SYSTEMS INC (PYDS)
CIK: 0001088034
Period of Report: 2008-12-12

Reporting Person: LONG MICHAEL R (Director, Chairman, CEO, and CFO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-12	Common Stock	S	711111	$0.0281	Disposed	23309343	Direct

Footnotes

F1: Mr. Long sold the reported common stock in a non-market private sale.