August 12, 2024

Jeff Baker
Chief Financial Officer
Paysign, Inc.
2615 St. Rose Parkway
Henderson, Nevada 89052

        Re: Paysign, Inc.
            Form 10-K for Fiscal Year Ended December 31, 2023
            File No. 001-38623
Dear Jeff Baker:

       We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.

Form 10-K for Fiscal Year Ended December 31, 2023
Item 7. Management's Discussion and Analysis of Financial Condition and Results
of Operations
Results of Operations
Comparison of Year Ended December 31, 2023 to Year Ended December 31, 2022,
page 24

1.     Please revise to quantify factors to which changes are attributed
throughout your results of
       operations discussion. For example, we note your disclosure that the
increase in cost of
       revenues during fiscal year 2023 was primarily due to an increase in
cardholder usage
       activity and associated network expenses such as interchange and ATM
costs, an increase
       in plastics and collateral related to an increase in the number of
unique card loads, an
       increase in network expenses and sales commissions related to the growth
in your pharma
       patient affordability business, and an increase in customer service
expenses associated
       with wage inflation pressures and the overall growth in your business,
offset by a decline
       in postage. Refer to 303(b) of Regulation S-K.
 August 12, 2024
Page 2
Notes to Consolidated Financial Statements
2. Summary of Significant Accounting Policies, page F-7

2.     Please disclose all required information regarding your segment(s) in
accordance with
       ASC 280-10-50. Provide us with a copy of your intended revised
disclosure.

       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       Please contact Stephen Kim at 202-551-3291 or Theresa Brillant at
202-551-3307 with
any questions.



                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Trade &
Services