UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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):
                                August 23, 2005, August 16, 2005


                               Pipeline Data Inc.


             (Exact name of registrant as specified in its charter)


            DELAWARE                  333-79831                13-3953764

State or other jurisdiction of   (Registration No.)          (IRS Employer
 incorporation or organization                            Identification No.)


             1599 Washington Street, Braintree, Massachusetts 02184
                    (Address of principal executive offices)

                                 (800) 932-5708
                         (Registrant's telephone number,
                              including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     ___ Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     ___ Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     ___  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     ___  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))
<PAGE>

Item 1.01. Entry into a Material Definitive Agreement.

     Pipeline  Data  Inc.  entered  into a merger  agreement  to  acquire  World
Products, Inc. d.b.a. "AIRCHARGE." AIRCHARGE on August 15, 2005. Under the terms
of the agreement, Pipeline will acquire AIRCHARGE for $200,000 in cash, $525,000
in the form of a  promissory  note and 900,000  shares of  Pipeline  Data common
stock.  An additional  one million  shares of Pipeline Data common stock will be
granted  subject to  performance  incentives.  Pipeline is required to close the
transaction  by September  30th of this year.  Pipeline will retain  AIRCHARGE's
senior  management  team of Rich  Hoffman and Bob  Wallace,  pursuant to written
employment agreements.

     The  information in this report shall not deemed to be "filed" for purposes
of Section 18 of the Securities  Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise  subject to the liability of that section,  and shall not be
incorporated  by reference  into any  registration  statement or other  document
filed under the Securities Act of 1933, as amended,  or the Exchange Act, except
as shall be expressly set forth by specific reference in such filing.
<PAGE>


                                    SIGNATURE


     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  Registrant  has  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                             Pipeline Data Inc,

Dated: August 23, 2005                       By: /s/ MacAllister Smith

                                             ------------------------
                                             MacAllister Smith
                                             Chief Executive Officer
[{"type": "8-K", "sequence": "1", "filename": "chargeppdaaircharge8k.txt", "description": "AIRCHARGE 8K", "secsgml_size_bytes": 3649}]
{"company-data": {"conformed-name": "PIPELINE DATA INC", "cik": "0001086533", "assigned-sic": "7389", "irs-number": "133953764"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50611", "film-number": "051044198"}, "business-address": {"street1": "1599 WASHINGTON STREET", "street2": "SUITE 1D", "city": "BRAINTREE", "state": "MA", "zip": "02184", "phone": "781 843 3812"}, "mail-address": {"street1": "1599 WASHINGTON STREET", "street2": "SUITE 1D", "city": "BRAINTREE", "state": "MA", "zip": "02184"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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):
                                August 23, 2005, August 16, 2005

                               Pipeline Data Inc.

             (Exact name of registrant as specified in its charter)

            DELAWARE                  333-79831                13-3953764

State or other jurisdiction of   (Registration No.)          (IRS Employer
 incorporation or organization                            Identification No.)

             1599 Washington Street, Braintree, Massachusetts 02184
                    (Address of principal executive offices)

                                 (800) 932-5708
                         (Registrant's telephone number,
                              including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     ___ Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     ___ Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     ___  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     ___  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.

     Pipeline  Data  Inc.  entered  into a merger  agreement  to  acquire  World
Products, Inc. d.b.a. "AIRCHARGE." AIRCHARGE on August 15, 2005. Under the terms
of the agreement, Pipeline will acquire AIRCHARGE for $200,000 in cash, $525,000
in the form of a  promissory  note and 900,000  shares of  Pipeline  Data common
stock.  An additional  one million  shares of Pipeline Data common stock will be
granted  subject to  performance  incentives.  Pipeline is required to close the
transaction  by September  30th of this year.  Pipeline will retain  AIRCHARGE's
senior  management  team of Rich  Hoffman and Bob  Wallace,  pursuant to written
employment agreements.

     The  information in this report shall not deemed to be "filed" for purposes
of Section 18 of the Securities  Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise  subject to the liability of that section,  and shall not be
incorporated  by reference  into any  registration  statement or other  document
filed under the Securities Act of 1933, as amended,  or the Exchange Act, except
as shall be expressly set forth by specific reference in such filing.
SIGNATURE

     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  Registrant  has  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                             Pipeline Data Inc,

Dated: August 23, 2005                       By: /s/ MacAllister Smith

                                             ------------------------
                                             MacAllister Smith
                                             Chief Executive Officer