Item 2.02 Results of Operations and Financial Condition

On November 12, 2008, management of LML Payment Systems Inc. ("LML" or the "Corporation") held a conference call to discuss the financial results of the Corporation for the second quarter ended September 30, 2008. The transcript of the conference call is attached hereto as Exhibit 99.1.

Pursuant to General Instruction B.2 of Form 8-K, the information furnished in this Item and in Exhibit 99.1 shall not be 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 liabilities of that section, nor shall such information be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

The text under Item 2.02 above is hereby incorporated by reference into this Item 7.01.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Transcript of investor conference call held November 12, 2008.

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