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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 L08uNfp+o9UnE066pCqkD4liE1jZvlfAL0i12tKcXctINaSJW6bDtS1nb8384AEF
 MHvkX8HRW1rjYljIkQuLxw==

<SEC-DOCUMENT>0001199905-09-000005.txt : 20091210
<SEC-HEADER>0001199905-09-000005.hdr.sgml : 20091210
<ACCEPTANCE-DATETIME>20091210114459
ACCESSION NUMBER:		0001199905-09-000005
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091210
DATE AS OF CHANGE:		20091210
EFFECTIVENESS DATE:		20091210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UPAID SYSTEMS LTD
		CENTRAL INDEX KEY:			0001199905
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-49229
		FILM NUMBER:		091232692

	BUSINESS ADDRESS:	
		STREET 1:		TRIDENT CHAMBERS, WICKHAMS CAY
		STREET 2:		ROAD TOWN
		CITY:			TORTOLA
		STATE:			D8
		ZIP:			VG1110
		BUSINESS PHONE:		(282) 494-2434

	MAIL ADDRESS:	
		STREET 1:		TRIDENT CHAMBERS, WICKHAMS CAY
		STREET 2:		ROAD TOWN
		CITY:			TORTOLA
		STATE:			D8
		ZIP:			VG1110
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001199905</cik>
        <entityName>UPAID SYSTEMS LTD</entityName>
        <issuerAddress>
            <street1>TRIDENT CHAMBERS, WICKHAMS CAY</street1>
            <street2>ROAD TOWN</street2>
            <city>TORTOLA</city>
            <stateOrCountry>D8</stateOrCountry>
            <zipCode>VG1110</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(282) 494-2434</issuerPhoneNumber>
        <jurisdictionOfInc>VIRGIN ISLANDS, BRITISH</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Simon</firstName>
                <middleName>J.</middleName>
                <lastName>Joyce</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>36 Soi Saengchai Sukhumvit 38</street1>
                <street2>Ket Klong Toey</street2>
                <city>Bangkok</city>
                <stateOrCountry>W1</stateOrCountry>
                <zipCode>10110</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Lehmann</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Trident Trust Company, Wickhams Cay</street1>
                <street2>P.O. Box 146, Road Town</street2>
                <city>Tortola</city>
                <stateOrCountry>D8</stateOrCountry>
                <zipCode>VG1110</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Paul</firstName>
                <lastName>Weinstein</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Trident Trust Company, Wickhams Cay</street1>
                <street2>P.O. Box 146, Road Town</street2>
                <city>Tortola</city>
                <stateOrCountry>D8</stateOrCountry>
                <zipCode>VG1110</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brad</firstName>
                <lastName>Foster</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Trident Trust Company, Wickhams Cay</street1>
                <street2>P.O. Box 146, Road Town</street2>
                <city>Tortola</city>
                <stateOrCountry>D8</stateOrCountry>
                <zipCode>VG1110</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Annelies</firstName>
                <lastName>van Velzen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Trident Trust Company, Wickhams Cay</street1>
                <street2>P.O. Box 146, Road Town</street2>
                <city>Tortola</city>
                <stateOrCountry>D8</stateOrCountry>
                <zipCode>VG1110</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Telecommunications</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1 - $1,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-12-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1276105</totalOfferingAmount>
            <totalAmountSold>1276105</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>9</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>UPAID SYSTEMS LTD</issuerName>
                <signatureName>Simon J. Joyce</signatureName>
                <nameOfSigner>Simon J. Joyce</nameOfSigner>
                <signatureTitle>Chief Executive Officer</signatureTitle>
                <signatureDate>2009-12-10</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----