UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K
                                    --------
                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

          Date of Report (Date of Earliest Event Reported): May 7, 2003

                       DIGITAL COURIER TECHNOLOGIES, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

  Delaware                               0-20771               87-0461586
------------------------------         -----------          ----------------
(State or other jurisdiction of (Commission File Number)    (I.R.S. Employer
incorporation or organization)                            Identification Number)


           348 East 6400 South, Suite 220, Salt Lake City, Utah 84107
         ---------------------------------------------------- ----------
               (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (801) 266-5390
                                                    ---------------

                                       N/A
                  --------------------------------------------
          (Former Name or Former Address if Changed Since Last Report)











ITEM 5. Other Events and Regulation FD Disclosure.

On May 7, 2003, the Registrant  announced that a 1-for-100  reverse split of its
common stock will take effect at the commencement of trading on Thursday, May 8,
2003.  Starting May 8, 2003, the Registrant's  stock will trade under the symbol
"TNXS".  On May 8, 2003, the Registrant  will also change its name to TransAxis,
Inc.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

Exhibits.

Exhibit No.     Description
-----------     -----------

   99.1         Press release dated as of May 7, 2003  announcing  reverse stock
                split and name change.


                                   SIGNATURES
                                   ----------

Pursuant  to the  requirements  of the  Securities  Exchange  Act  of  1934  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


Date:  May 7, 2003

DIGITAL COURIER TECHNOLOGIES, INC.



By:   /s/Lynn J. Langford
--------------------------------
         Lynn J. Langford
         Chief Financial Officer









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