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Exhibit 31.2

SECTION 302 CERTIFICATION

I, Clay M. Whitson, certify that:



|1. |  | I have reviewed this quarterly report on Form 10-Q of iPayment, Inc.;
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|2. |  | Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this quarterly report;
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|3. |  | Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of
the registrant as of, and for, the periods presented in this report;
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|4. |  | The registrants other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15(d)-15(e) for the registrant
and have:
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| | a) |  | designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this
report is being prepared;
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| | c) |  | evaluated the effectiveness of the registrants disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end
of the period covered by this report based on such evaluation; and
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| | c) |  | disclosed in this report any change in the registrants internal
control over financial reporting that occurred during the
registrants most recent fiscal quarter (the registrants
fourth fiscal quarter in the case of an annual report) that has naterially affected, or is reasonably
likely to materially affect, the issuers internal control over
financial reporting; and
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|5. |  | The registrants other certifying officer and I have disclosed, based
on our most recent evaluation of internal control over financial
reporting, to the issuers auditors and the audit committee of the
issuers board of directors (or persons performing the equivalent
functions):
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| | a) |  | all significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are
reasonably likely to adversely affect the registrants ability to
record, process, summarize and report financial information; and
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| | b) |  | any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrants internal
control over financial reporting.
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Date: November 14, 2003
    
    By: /s/ Clay M. WhitsonClay M. WhitsonChief Financial Officer


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