<HTML>
<HEAD>
<TITLE>Form 8-K for Asia Payment Systems, Inc.</TITLE>
</HEAD>
<BODY>


<P>==================================================================================</P>

<P>&nbsp;</P>

<B><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<br>
WASHINGTON, D.C. 20549</P>

<P ALIGN="CENTER">FORM 8-K</P></B>

<P ALIGN="CENTER">Current Report Pursuant to Section 13 or 15(d) of<br>
The Securities Exchange Act of 1934</P>

<P ALIGN="CENTER">Date of Report (Date of earliest event reported): <B>April 14, 2004</P></B>

<B><P ALIGN="CENTER">ASIA PAYMENT SYSTEMS, INC.<br>
</B>(Exact name of Registrant as specified in its charter)</P>

<br>
<P ALIGN="CENTER"><CENTER><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=680>
<TR><TD WIDTH="35%" VALIGN="TOP">
<B><P ALIGN="CENTER">NEVADA</B></TD>
<TD WIDTH="31%" VALIGN="TOP">
<B><P ALIGN="CENTER">000-30013</B></TD>
<TD WIDTH="35%" VALIGN="TOP">
<B><P ALIGN="CENTER">98-0204780</B></TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP">
<P ALIGN="CENTER">(State or other jurisdiction of incorporation or organization)</TD>
<TD WIDTH="31%" VALIGN="TOP">
<P ALIGN="CENTER">(Commission File Number)</TD>
<TD WIDTH="35%" VALIGN="TOP">
<P ALIGN="CENTER">(I.R.S. Employer Identification No.)</TD>
</TR>
</TABLE>
</CENTER></P>


<br>
<B><P ALIGN="CENTER">800 5<SUP>th</SUP> Avenue <br>
Suite 4100<br>
Seattle, Washington 98104<br>
</B>(Address of principal executive offices)</P>

<br>
<B><P ALIGN="CENTER">(206) 447-1379<br>
</B> (Registrant's telephone number, including area code)</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>==================================================================================</P>

<p>&nbsp;</p>
<page>
<hr>

<br>
<B><P>ITEM 7. &nbsp; &nbsp; &nbsp; FINANCIAL STATEMENTS AND EXHIBITS</P></B>

<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=600>
<TR><TD WIDTH="14%" VALIGN="TOP" HEIGHT=24>
<P>&nbsp;</TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=24>
<B><P>Exhibit<hr></B></TD>
<TD WIDTH="73%" VALIGN="TOP" HEIGHT=24>
<B><P>Document Description<hr></B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3 HEIGHT=24>
</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP" HEIGHT=24>
<P>&nbsp;</TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=24>
<P>99.1</TD>
<TD WIDTH="73%" VALIGN="TOP" HEIGHT=24>
<P>Press Release</TD>
</TR>
</TABLE>


<p>&nbsp;</p>
<B><P>ITEM 9. &nbsp; &nbsp; &nbsp; REGULATION FD DISCLOSURE</P></B>

<P>Asia Payment Systems, Inc. announced today that it had signed a credit card processing services agreement with E-Charge Processing Services Corporation, a wholly owned subsidiary of E-Lux Corporation (JASDAQ #6811) of Japan.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER">-2-</P>
<page>
<hr>

<br>
<B><P ALIGN="CENTER">SIGNATURES</P></B>

<P>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</P>

<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=680>
<TR><TD WIDTH="54%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="46%" VALIGN="TOP">
<B><P>ASIA PAYMENT SYSTEMS, INC.<br>
</B>(Registrant)</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2 HEIGHT=11>

<P>&nbsp;</TD>
</TR>
<TR><TD WIDTH="54%" VALIGN="TOP">
<B><P>Date: April 14, 2004</B></TD>
<TD WIDTH="46%" VALIGN="TOP">
<P>/s/ John Fraser</TD>
</TR>
<TR><TD WIDTH="54%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="46%" VALIGN="TOP">
<P>John Fraser, Vice-President and Principal Financial Officer</TD>
</TR>
</TABLE>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER">-3-</P>
<page>
<hr>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "aavi8k041404.htm", "description": "FORM 8-K FOR ASIA PAYMENT SYSTEMS, INC.", "secsgml_size_bytes": 3759}]
{"company-data": {"conformed-name": "ASIA PAYMENT SYSTEMS", "cik": "0001085113", "assigned-sic": "6770", "irs-number": "980204780", "state-of-incorporation": "NV"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30013", "film-number": "04732546"}, "business-address": {"street1": "1000 355 BURRARD STREET", "city": "VANCOUVER B C CANADA", "state": "A1", "zip": "00000", "phone": "2507663507"}, "former-company": {"former-conformed-name": "ASIAN ALLIANCE VENTURES INC", "date-changed": "20000203"}}
Form 8-K for Asia Payment Systems, Inc.
==================================================================================
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):
April 14, 2004
ASIA PAYMENT SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
NEVADA
000-30013
98-0204780
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
800 5
th
Avenue
Suite 4100
Seattle, Washington 98104
(Address of principal executive offices)
(206) 447-1379
(Registrant's telephone number, including area code)
==================================================================================
ITEM 7.       FINANCIAL STATEMENTS AND EXHIBITS
Exhibit
Document Description
99.1
Press Release
ITEM 9.       REGULATION FD DISCLOSURE
Asia Payment Systems, Inc. announced today that it had signed a credit card processing services agreement with E-Charge Processing Services Corporation, a wholly owned subsidiary of E-Lux Corporation (JASDAQ #6811) of Japan.
-2-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
ASIA PAYMENT SYSTEMS, INC.
(Registrant)
Date: April 14, 2004
/s/ John Fraser
John Fraser, Vice-President and Principal Financial Officer
-3-