SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB/A

|X|  Quarterly  Report  under  Section  13 or  Section  15(d) of the  Securities
     Exchange Act of 1934 for the quarterly period ended December 31, 1997

| |  Transition Report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934 for the transition period from ______ to ______.


     Commission File No.:  0-22848


                            U.S. Wireless Data, Inc.
             (Exact name of registrant as specified in its charter)


               Colorado                              84-1178691
               --------                              ----------
      (State of incorporation)            (IRS Employer Identification No.)


                          2200 Powell Street, Suite 450
                          Emeryville, California 94608
                          ----------------------------
          (Address of principal executive offices, including zip code)



                                 (510) 596-2025
                                 --------------
              (Registrant's Telephone Number, including area code)



Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past ninety days.

                         Yes  _X_                 No  ___

As of  December  31,  1997  there  were  outstanding  9,221,420  shares  of  the
Registrant's Common Stock (no par value per share).


Transitional Small Business Disclosure Format

                         Yes  ___                 No  _X_
<PAGE>

ITEM 6 -- EXHIBITS AND REPORTS ON FORM 8-K

         a) Exhibits required by Item 601 of Regulation S-B

               3.1       Articles of Incorporation, as amended*
               4.1       $150,000 Convertible Subordinated Promissory Note
                         dated June 3, 1997, issued to entrenet Group, LLC.
               4.2       1992 Stock Option Plan, as amended **
               4.3       Designation of Series A Preferred Stock (Included in 
                         Exhibit 3.1 - Articles of Incorporation, as amended)
               10.1      Office Lease with Spieker Properties, L.P.
                         dated September 12, 1997
               10.2      Release and Settlement Agreement with entrenet Group, 
                         LLC effective as of November 1, 1997. 
               27        Financial Data Schedule*

      *  Incorporated  by reference  from the  like-numbered  and named Exhibit
         filed  wwith the  Company's  Quarterly  Report on Form  10-QSB for the
         quarter  ended  December 31, 1997,  filed with the SEC on February 23,
         1998.

     **  Incorporated by reference from the Company's Revised  Definitive Proxy
         Statement for the 1997 Annual Meeting of Shareholders,  filed with the
         SEC on January 14, 1998, in which the Exhibit is included as Exhibit C.



         b) Reports on Form 8-K

               On December  17,  1997,  the  Company  filed a report on Form 8-K
               reporting  an event of November 14,  1997.  The report  contained
               disclosures under Item 5 - Other Events,  relating to the closing
               of the  Company's  Debenture  offering on December 10, 1997,  and
               claims by certain holders of convertible notes.


 
<PAGE>
                                   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 thereunto duly authorized.



                                                     U.S. WIRELESS DATA, INC.
                                                     Registrant


Date:    February 20, 1998                           By: \s\ Evon Kelly
         ---------------------------                    ------------------------
                                                        Chief Executive Officer


         February 20, 1998                           By: \s\ Robert E. Robichaud
         ---------------------------                    ------------------------
                                                        Chief Financial Officer