----

----

| x | QUARTERLY REPORT UNDER SECTION      13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF  1934 |
|---|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT UNDER SECTION      13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF  1934 |
|--------|------------------------------------------------------------------------------------------|

----

----

| Nevada                                 |   | 91-2150635                             |
|----------------------------------------|--------|----------------------------------------|
| (State      or other jurisdiction      |   | (IRS      Employer Identification No.) |
| of      incorporation or organization) |   |                                   |

| Large      accelerated filer |  ̈ |     | Accelerated      filer         |  ̈ |
|------------------------------|--------|--------------------|--------------------------------|--------|
| Non-accelerated      filer   |  ̈ |               | Smaller      reporting company | x      |

----

----

----

| Part I – Financial Information | Page                                                                                             |
|--------------------------------------|--------------------------------------------------------------------------------------------------|
|             |                                                                                             |   |
| Item 1.                              | Financial Statements                                                                             |   |
|             |                                                                                             |   |
|                                 | Consolidated Balance Sheets                                                                      | 4 |
|             |                                                                                             |   |
|                                 | Consolidated Statements of Income                                                                | 5 |
|                                 |                                                                                             |   |
|                                 | Consolidated Statements of Changes in Stockholders’      Equity                            | 6 |
|             |                                                                                             |   |
|                                 | Consolidated Statements of Cash Flows                                                            | 7 |
|             |                                                                                             |   |
|                                 | Notes to Consolidated Financial    Statements                                                    | 9      – 14 |
|             |                                                                                             |   |
| Item 2.                              | Management’s Discussion and Analysis of Financial Condition and      Results of Operations | 15 |
|             |                                                                                             |   |
| Item 3.                              | Quantitative And Qualitative Disclosures About Market      Risk                                  | 20 |
|                                 |                                                                                             |   |
| Item 4(T).                           | Controls And Procedures                                                                          | 20 |
|             |                                                                                             |   |
| Part II – Other Information    |                                                                                             |
|             |                                                                                             |   |
| Item 1.                              | Legal Proceedings                                                                                | 21 |
|                                 |                                                                                             |   |
| Item 1A.                             | Risk Factors                                                                                     | 21 |
|             |                                                                                             |   |
| Item 2.                              | Unregistered Sales of Equity Securities and Use of      Proceeds                                 | 21 |
|             |                                                                                             |   |
| Item 3.                              | Defaults Upon Senior Securities                                                                  | 21 |
|             |                                                                                             |   |
| Item 4.                              | Submission of Matters to a Vote of Security      Holders                                         | 21 |
|             |                                                                                             |   |
| Item 5.                              | Other Information                                                                                | 21 |
|             |                                                                                             |   |
| Item 6.                              | Exhibits                                                                                         | 21 |
|             |                                                                                             |   |
|                                 | Signatures                                                                                       | 23 |

----

|   | · | general      economic and industry conditions; |
|--------|--------|------------------------------------------------|

|   | · | our      capital requirements and dependence on the sale of our equity      securities; |
|--------|--------|-----------------------------------------------------------------------------------------|

|   | · | the      liquidity of the Company’s common stock will be affected by the lack of a      trading market; |
|--------|--------|---------------------------------------------------------------------------------------------------------------|

|   | · | intense      industry competition; |
|--------|--------|------------------------------------|

|   | · | fluctuations      in the prevailing industry prices of check processing      services; |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | shortages      in availability of qualifiedpersonnel; |
|--------|--------|-------------------------------------------------------|

|   | · | legal      and financial implications of unexpected catastrophic    events; |
|--------|--------|-----------------------------------------------------------------------------|

|   | · | regulatory      or legislative changes effecting check processing operations;      and |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | reliance      on, and the ability to attract, keypersonnel. |
|--------|--------|-------------------------------------------------------------|

----

PART

ITEM

UNITED

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | September      30,2008,(Unaudited) |      |   | December      31,2007(Audited) |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|-----------|--------|--------------------------------|--------|
|                                                                                                                                                              |   |                               |      |   |                           |   |
| ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                               |      |   |                           |   |
| CURRENT      ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                               |      |   |                           |   |
| Cash and Cash      Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | $                                  | 358,065   |   |                           | $      | 283,988 |   |
| Restricted Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                               | 368,289   |   |                           |   | 531,343 |   |
| Trade Receivables,      net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                               | 209,371   |   |                           |   | 81,490 |   |
| PrepaidInterest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                               | 96,000    |   |                           |   | -- |   |
| PrepaidExpenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                               | 17,684    |   |                           |   | 24,476 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| Total Current      Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                               | 1,049,409 |   |                           |   | 921,297 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| PROPERTY      AND EQUIPMENT, NET                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                               | 65,752    |   |                           |   | 60,735 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| OTHER      ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                               |      |   |                           |   |   |   |
| Intangible    Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               | 5,789,154 |   |                           |   | -- |   |
| Prepaid Expenses,      Non-current                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                               | 134,000   |   |                           |   | -- |   |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                               | 63,315    |   |                           |   | 62,620 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| Total Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $                                  | 7,101,630 |   |                           | $      | 1,044,652 |   |
|                                                                                                                      |   |                               |      |   |                           |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                               |      |   |                           |   |   |   |
| CURRENT      LIABILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                               |      |   |                           |   |   |   |
| ACH Settlements      Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $                                  | 309,413   |   |                           | $      | 514,969 |   |
| Current Portion Long-Term      Debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                               | 638,750   |   |                           |   | 70,000 |   |
| Accounts Payable and Accrued      Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                               | 154,125   |   |                           |   | 34,036 |   |
| Customers’    Deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                               | 58,876    |   |                           |   | 16,374 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| Total Current      Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                               | 1,161,164 |   |                           |   | 635,379 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| LONG      TERM LIABILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                               |      |   |                           |   |   |   |
| Notes Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                               | 4,706,250 |   |                           |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| Total    Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               | 5,867,414 |   |                           |   | 635,379 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| STOCKHOLDERS'      EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                               |      |   |                           |   |   |   |
| Common Stock - $.001 Par Value;      75,000,000 Shares Authorized,      34,091,667      Shares Issued and Outstanding in 2008 and 18,291,667 in    2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                               | 34,092    |   |                           |   | 18,292 |   |
| Additional Paid-In      Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                               | 823,640   |   |                           |   | 49,440 |   |
| Retained    Earnings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               | 376,484   |   |                           |   | 341,541 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
|    Total      Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                               | 1,234,216 |   |                           |   | 409,273 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                               |      |   |                           |   |   |   |
| Total Liabilities and      Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                                  | 7,101,630 |   |                           | $      | 1,044,652 |   |

----

UNITED

|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | Three      Months EndedSeptember      30,                                                                                |   |               |   | Nine      Months EndedSeptember 30,                                                                                 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 2008                                                                                                                     |   |               |   | 2007                                                                                                                     |   |   |   | 2008 |   |   |   | 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|                                                                            |   |                      |   |     |   |                      |   |       |   |                      |   |     |   |                      |   |
| Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                     | $      | 498,191                                                                                                                  |   |               | $      | 297,603                                                                                                                  |   |   | $ | 1,073,690 |   |   | $ | 934,366 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Cost      of Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 175,390                                                                                                                  |   |               |   | 188,537                                                                                                                  |   |   |   | 478,540 |   |   |   | 566,427 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|      Gross      Profit                                                                                                                                                                                                                                                                                                                                                                                                              |   | 322,801                                                                                                                  |   |               |   | 109,066                                                                                                                  |   |   |   | 595,150 |   |   |   | 367,939 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|    Operating                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|       Personnel      costs                                                                                                                                                                                                                                                                                                                                                                                                     |   | 35,700                                                                                                                   |   |               |   | 32,520                                                                                                                   |   |   |   | 97,092 |   |   |   | 90,848 |   |
|       Travel                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 10,477                                                                                                                   |   |               |   | 2,083                                                                                                                    |   |   |   | 24,691 |   |   |   | 11,561 |   |
|       Other                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 96,278                                                                                                                   |   |               |   | 28,052                                                                                                                   |   |   |   | 150,662 |   |   |   | 96,413 |   |
|         Total      Operating Expenses                                                                                                                                                                                                                                                                                                                                                                                |   | 142,455                                                                                                                  |   |               |   | 62,655                                                                                                                   |   |   |   | 272,445 |   |   |   | 198,822 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|    Selling,      General & Administrative                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|       Personnel      costs                                                                                                                                                                                                                                                                                                                                                                                                     |   | 69,065                                                                                                                   |   |               |   | 18,750                                                                                                                   |   |   |   | 104,546 |   |   |   | 66,301 |   |
|       Legal      and accounting                                                                                                                                                                                                                                                                                                                                                                                                |   | 13,121                                                                                                                   |   |               |   | 3,660                                                                                                                    |   |   |   | 48,958 |   |   |   | 34,565 |   |
|       Marketing                                                                                                                                                                                                                                                                                                                                                                                                                |   | 15,554                                                                                                                   |   |               |   | 6,900                                                                                                                    |   |   |   | 34,694 |   |   |   | 29,550 |   |
|       Consulting                                                                                                                                                                                                                                                                                                                                                                                                               |   | --                                                                                                                       |   |               |   | --                                                                                                                       |   |   |   | 32,500 |   |   |   | -- |   |
|       Other                                                                                                                                                                                                                                                                                                                                                                                                                    |   |  8,837                                                                                                              |   |               |   |  958                                                                                                                |   |   |   | 13,069 |   |   |   | 7,598 |   |
|         Total      Selling, General & Administrative                                                                                                                                                                                                                                                                                                                                                             |   | 106,577                                                                                                                  |   |               |   | 30,268                                                                                                                   |   |   |   | 233,767 |   |   |   | 138,014 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|      Total      Expenses                                                                                                                                                                                                                                                                                                                                                                                                            |   | 249,032                                                                                                                  |   |               |   | 92,923                                                                                                                   |   |   |   | 506,212 |   |   |   | 336,836 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Income      from operations                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 73,769                                                                                                                   |   |               |   | 16,143                                                                                                                   |   |   |   |  88,938 |   |   |   |  31,103 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Other      Income (expense):                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
|       Interest      Expense                                                                                                                                                                                                                                                                                                                                                                                                    |   | (40,661                                                                                                                  | )      |               |   | (1,750                                                                                                                   | )      |   |   | (44,196 | ) |   |   | (6,315 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Net      Income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 33,108                                                                                                                   |   |               |   | 14,393                                                                                                                   |   |   |   |  44,742 |   |   |   |  24,788 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Income      tax expense                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  7,284                                                                                                              |   |               |   | 2,305                                                                                                                    |   |   |   |  9,798 |   |   |   |  4,651 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Net      Income                                                                                                                                                                                                                                                                                                                                                                                                                                              | $      | 25,824                                                                                                                   |   |               | $      | 12,088                                                                                                                   |   |   | $ |  34,944 |   |   | $ |  20,137 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Net      Income per Share                                                                                                                                                                                                                                                                                                                                                                                                                                    | $      | .01                                                                                                                      |   |               | $      | .01                                                                                                                      |   |   | $ |  .01 |   |   | $ |  .01 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |               |   |                                                                                                                     |   |   |   |   |   |   |   |   |   |
| Weighted      Average Common Shares Outstanding                                                                                                                                                                                                                                                                                                                                                                                                         |   | 22,815,580                                                                                                               |   |               |   | 18,291,667                                                                                                               |   |   |   | 19,816,209 |   |   |   | 18,291,667 |   |

----

United

|                                                                             |   | Common      Stock |       |   | AdditionalPaid-In |   |   | Retained |   |   | Stockholders' |   |
|----------------------------------------------------------------------------------|--------|-------------------|------------|--------|-------------------|--------|--------|----------|--------|--------|---------------|--------|
|                                                                             |   | Shares            |       |   | Amount            |   |   | Capital  |   |   | Earnings      |   |   | Equity |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |
| Balance      at January 1, 2007                                                  |   |              | 18,291,667 |   |              | $      | 18,292 |     |   | $      | 49,440        |   |   | $ | 333,541 |   |   | $ | 401,273 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance      of Common Stock                                                    |   |              | -          |   |              |   | -      |     |   |   | -             |   |   |   | - |   |   |   | - |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Net      Income                                                                  |   |              | -          |   |              |   | -      |     |   |   | -             |   |   |   | 20,137 |   |   |   | 20,137 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Balance      at September 30, 2007                                               |   |              | 18,291,667 |   |              | $      | 18,292 |     |   | $      | 49,440        |   |   | $ | 353,678 |   |   | $ | 421,410 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Balance      at January 1, 2008                                                  |   |              | 18,291,667 |   |              | $      | 18,292 |     |   | $      | 49,440        |   |   | $ | 341,541 |   |   | $ | 409,273 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance      of Common Stock for Acquisition of      Netcom Data Southern, Inc. |   |              | 7,800,000  |   |              |   | 7,800  |     |   |   | 382,200       |   |   |   | - |   |   |   | 390,000 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance      of Common Stock for Acquisition of      Credit Card Portfolio      |   |              | 3,200,000  |   |              |   | 3,200  |     |   |   | 156,800       |   |   |   | - |   |   |   | 160,000 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance      of Common Stock in exchange for "Non-interest"      bearing loan   |   |              | 4,800,000  |   |              |   | 4,800  |     |   |   | 235,200       |   |   |   | - |   |   |   | 240,000 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Net      Income                                                                  |   |              | -          |   |              |   | -      |     |   |   | -             |   |   |   | 34,944 |   |   |   | 34,944 |   |
|                                                                             |   |              |       |   |              |   |   |     |   |   |          |   |   |   |   |   |   |   |   |   |
| Balance      at September 30, 2008                                               |   |              | 34,091,667 |   |              | $      | 34,092 |     |   | $      | 823,640       |   |   | $ | 376,485 |   |   | $ | 1,234,217 |   |

----

UNITED

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Nine      Months Ended September 30,                                                                          |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2008                                                                                                               |   |   |   | 2007 |   |
|                                                                                                           |   |                     |   |       |   |                     |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                                                                               |   |   |   |   |   |
| Net Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $      |  34,944                                                                                                       |   |   | $ |  20,137 |   |
| Adjustments to Reconcile Net      Income to Net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                               |   |   |   |   |   |
| Cash Provided by Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                               |   |   |   |   |   |
| Depreciation and      Amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 64,555                                                                                                             |   |   |   | 20,836 |   |
| Decrease in Trade      Receivables                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 16,872                                                                                                             |   |   |   | 23,430 |   |
| Decrease in Prepaid      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 6,792                                                                                                              |   |   |   | -- |   |
| Decrease in Prepaid      Interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  10,000                                                                                                       |   |   |   | -- |   |
| Decrease in Restricted      Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 163,054                                                                                                            |   |   |   | 142,372 |   |
| Increase in Other      Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |  (695                                                                                                         | )      |   |   |  (6,466 | ) |
| Decrease in ACH Settlements      Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | (205,556                                                                                                           | )      |   |   | (143,372 | ) |
| Decrease in Accounts Payable      and Accrued Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | (9,981                                                                                                             | )      |   |   | (28,841 | ) |
| Increase in Customer      Deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 42,502                                                                                                             |   |   |   | 1,000 |   |
| Net Cash Provided by Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 122,487                                                                                                            |   |   |   | 29,096 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                                                                               |   |   |   |   |   |
| Acquisition of Property and      Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (13,053                                                                                                            | )      |   |   | (20,489 | ) |
| Cash paid in conjunction with      acquisition of NDS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | (314,741                                                                                                           | )      |   |   | -- |   |
| Cash paid in conjunction with      acquisition of Portfolio Asset                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | (2,275,616                                                                                                         | )      |   |   | -- |   |
| Increase in      Deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | --                                                                                                                 |   |   |   | (50,000 | ) |
| Net Cash Used in Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (2,603,410                                                                                                         | )      |   |   | (70,489 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                                                                               |   |   |   |   |   |
| Proceeds from notes      payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 2,625,000                                                                                                          |   |   |   | -- |   |
| Principal paid on notes      payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | (70,000                                                                                                            | )      |   |   | (46,000 | ) |
| Net Cash Provided by (Used in)      Financing Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 2,555,000                                                                                                          |   |   |   | (46,000 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| NET      INCREASE (DECREASE) IN CASH AND CASH      EQUIVALENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 74,077                                                                                                             |   |   |   |  (87,393 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS – BEGINNING      OF PERIOD                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 283,988                                                                                                            |   |   |   | 384,830 |   |
| CASH      AND CASH EQUIVALENTS – END OF PERIOD                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $      | 358,065                                                                                                            |   |   | $ | 297,437 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| SUPPLEMENTAL      DISCLOSURES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                                                                                                               |   |   |   |   |   |
| Cash Paid During the Period for      Interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | $      | 15,966                                                                                                             |   |   | $ | 6,315 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Nine      Months Ended September 30,                                                                               |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2008                                                                                                               |   |   |   | 2007 |   |
|                                                                                                           |   |                     |   |       |   |                     |   |
| SUPPLEMENTAL      DISCLOSURE OF NONCASH INVESTING      AND FINANCING ACTIVITES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                               |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Acquisition      of Netcom Data Southern, Inc. (NDS)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Identifiable      Intangible Assets Acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | $      | 3,395,556                                                                                                          |   |   | $ | -- |   |
| Net      Tangible Assets Acquired:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                               |   |   |   |   |   |
| Accounts    Receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 144,752                                                                                                            |   |   |   | -- |   |
| Property and      Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 14,503                                                                                                             |   |   |   | -- |   |
| Accounts Payable and Other      Current Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (130,070                                                                                                           | )      |   |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Net Tangible Assets      Acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 29,185                                                                                                             |   |   |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Total Assets    Acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 3,424,741                                                                                                          |   |   |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Less:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                                                                               |   |   |   |   |   |
| Fair Value of stock      issued                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |  (390,000                                                                                                     | )      |   |   | -- |   |
| Promissory Note Issued to      Stockholder of NDS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  (2,720,000                                                                                                   | )      |   |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Net Cash Paid for Acquisition of      NDS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | $      | 314,741                                                                                                            |   |   | $ | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Purchase      of Credit Card Portfolio                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                               |   |   |   |   |   |
| Value of Credit Card Portfolio      Acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | $      | 2,435,616                                                                                                          |   |   | $ | -- |   |
| Less Value of Stock Issued for      Purchase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (160,000                                                                                                           | )      |   |   | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Net Cash Paid for Purchase of      Credit Card Portfolio                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | $      | 2,275,616                                                                                                          |   |   | $ | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                               |   |   |   |   |   |
| Stock      Issued in Exchange for "Interest-Free" Loan; Recognized      as Prepaid Interest on Consolidated  Balance    Sheet                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | $      | 240,000                                                                                                            |   |   | $ | -- |   |

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| A      summary of the purchase price of NDS is as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|
| Cash      paid to stockholders of NDS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | $      | 320,000   |   |
| Direct      acquisition costs paid by the Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   | 27,960    |   |
| Promissory      note issued to stockholders of NDS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   | 2,720,000 |   |
| Fair      value of 7,800,000 shares of stock issued                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   | 390,000   |   |
|                                                                                                        |   |   |      |   |
| Total      purchase price                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 3,457,960 |   |

| Tangible      assets acquired and liabilities assumed                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|
| Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $      | 33,219    |   |
| Accounts    receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | 144,752   |   |
| Property and      equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   | 14,503    |   |
| Accounts payable and other      current liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   | (130,070  | )  |
|                                                                                                        |   |   |      |   |
|   Net tangible assets      acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   | 62,404    |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |      |   |
| Identifiable      intangibles                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |      |   |
| Customer relationships and      contracts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 3,395,556 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |      |   |
| Total      purchase price                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 3,457,960 |   |

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|   | · | We      may experience reductions in the amount of payments we process for      merchants as a result of a downturn in consumer activity and consumer      confidence. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | We      may be negatively impacted in our credit card processing business if      consumers are unable to maintain existing credit card limits or have      credit card services terminated. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | We      may experience difficulties in maintaining or re-financing our existing      credit facilities at either equivalent or more favorable      rates. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | New      sources of borrowed capital may become more expensive or unavailable which      may inhibit our ability to grow. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | · | Competition      may become more intense and we may be required to reduce pricing to      maintain the business we have and/or to obtain new business through our      existing sales force. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                 |   |                                                                                                                                                                                                                                                                                                                                 |
|--------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                                                                                        |   | First      Amended Bylaws of United eSystems, Inc. (incorporated by reference to      Exhibit 3.1 to our Form 8-K filed on October 14,    2008).                                                                                                                                                                                |
| 10.1                                                                                       |   | United      eSystems, Inc. 2008 Incentive Stock Plan.*                                                                                                                                                                                                                                                                               |
| 10.2                                                                                       |   | NetCom      Data Southern Corp. Share Purchase Agreement dated August 22, 2008      (incorporated by reference to Exhibit 10.1 to our Form 8-K filed on      August 28, 2008).                                                                                                                                             |
| 10.3                                                                                       |   | Robert      J. Sorrentino Secured Promissory Note dated August 22, 2008      (incorporated by reference to Exhibit 10.2 to our Form 8-K filed on      August 28, 2008).                                                                                                                                                    |
| 10.4                                                                                       |   | Robert      J. Sorrentino Security Agreement dated August 22, 2008 (incorporated      by reference to Exhibit 10.3 to our Form 8-K filed on August 22,      2008).                                                                                                                                                         |
| 10.5                                                                                       |   | Purchase      Agreement dated September 17, 2008 between Netcom Data Corp. and Net Com      Data Corp of N.Y. and American Timeshare Associates, Inc. (incorporated by      reference to Exhibit 10.1 to our Form 8-K filed on September 23,      2008).                                                                        |
| 10.6                                                                                       |   | Promissory      Note dated September 17, 2008 issued to Thermo Credit, LLC. (incorporated      by reference to Exhibit 10.2 to our Form 8-K filed on September 23,      2008).                                                                                                                                                  |
| 10.7                                                                                       |   | Loan,      Pledge, and Security Agreement dated September 17, 2008 by and among      Thermo Credit, LLC and United eSystems, Inc., Netcom Data Southern Corp.,      Netcom Data Corp. and United Check Services, L.L.C. (incorporated by      reference to Exhibit 10.3 to our Form 8-K filed on September 23,      2008).      |
| 10.8                                                                                       |   | Subordination      Agreement dated September 17, 2008 by and among Robert Sorrentino, Thermo      Credit, LLC and United eSystems, Inc., Netcom Data Southern Corp, Netcom      Data Corp. and United Check Services, L.L.C. (incorporated by reference to      Exhibit 10.4 to our Form 8-K filed on September 23,      2008). |
| 10.9                                                                                       |   | Pledge      and Control Agreement dated September 17, 2008 by and among Thermo Credit,      LLC and Leon Nowalsky and Robert Sorrentino (incorporated by reference to      Exhibit 10.5 to our Form 8-K filed on September 23,      2008).                                                                                      |

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| 10.10 |   | Service      Agreement dated July 31, 2008 between LaSalle Bank, N.A. and Netcom Data      Corp. (incorporated by reference to Exhibit 10.6 to our Form 8-K filed on      September 23, 2008). |
|-------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1  |   | Certification      of Principal Executive Officer pursuant to Rule 13a-14(a) of the      Securities Exchange Act.*                                                                                  |
| 31.2  |   | Certification      of Principal Financial Officer pursuant to Rule 13a-14(a) of the      Securities Exchange Act.*                                                                                  |
| 32.1  |   | Certification      pursuant to Rule 13a-14(b) of the Securities Exchange Act and 18 U.S.C.      §1350.*                                                                                        |

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SIGNATURES

|                                                                                                                                                                                                                                                                                                                                                                                                         | UNITED      ESYSTEMS, INC.                                                                                                                      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                    |                                                                                                                   |
| Date:   November 14,      2008                                                                                                                                                                                                                                                                                                                             | By: /s/ Walter Reid      Green, Jr.                                                                                                             |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Walter      Reid Green, Jr.                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Chief      Executive Officer, President and      Chief      Financial Officer |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       (Principal      Executive Officer and Principal Financial  Officer)                                         |