As filed with the Securities and Exchange Commission on June 30, 2006

                                                    Registration No. 333-_______
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                           --------------------------
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                            ------------------------
                                   PAID, INC.
             (Exact Name of Registrant as Specified in its Charter)

                 Delaware                                 73-1479833
      (State or Other Jurisdiction of                 (I.R.S. Employer
      Incorporation or Organization)                Identification Number)

              4 Brussels Street, Worcester, MA 01610 (508-791-6710)
          (Address, Including Zip Code, and Telephone Number, Including
             Area Code, of Registrant's Principal Executive Offices)

                           --------------------------

         SALES ONLINE DIRECT, INC. 2001 NON-QUALIFIED STOCK OPTION PLAN
                              (Full title of Plan)

                           --------------------------

                                 Gregory Rotman
                                    President
                                   Paid, Inc.
                     4 Brussels Street, Worcester, MA 01610
                                 (508) 791-6710
                      (Name, Address and Telephone Number,
                   Including Area Code, of Agent for Service)

                                 with a copy to:

                             Michael A. Refolo, Esq.
                              Bowditch & Dewey, LLP
                      311 Main Street, Worcester, MA 01608
                                 (508) 926-3425
                           --------------------------

                         CALCULATION OF REGISTRATION FEE



=========================================================================================================
                                                        Proposed            Proposed
                                       Amount            Maximum            Maximum           Amount of
     Title of Each Class of            to Be         Offering Price        Aggregate        Registration
  Securities to Be Registered        Registered       Per Share(1)     Offering Price(1)         Fee
---------------------------------------------------------------------------------------------------------
                                                                                   
Common Stock, $.001 par value       10,000,000(2)         $.48             $4,800,000          $513.60
=========================================================================================================


(1)   Estimated solely for purposes of calculating the registration fee pursuant
      to Rule 457 under the Securities Act of 1933, on the basis of the average
      of the high and low reported price of the Common Stock as reported on the
      National Association of Securities Dealers OTC Bulletin Board on June 23,
      2006.

(2)   This Registration Statement covers 10,000,000 additional shares of common
      stock of Paid, Inc. that are being registered pursuant to the Sales OnLine
      Direct, Inc. 2001 Non-Qualified Stock Option Plan, as amended (the
      "Amended Plan"). These shares reflect an increase of 10,000,000 shares
      authorized under the Amended Plan. This Registration Statement also
      relates to such presently indeterminable number of additional shares of
      Common Stock are also registered hereunder as may be issued in the event
      of a merger, consolidation, reorganization, recapitalization, stock
      dividend, stock split or other similar change in Common Stock.

================================================================================



                                EXPLANATORY NOTE

      This Registration Statement is filed pursuant to General Instruction E of
Form S-8 for the purpose of registering 10,000,000 additional shares of common
stock, par value $0.001 per share ("Common Stock"), of Paid, Inc., a Delaware
corporation (the "Registrant"), reserved for issuance upon the exercise of stock
options or the issuance of restricted stock awards that may be granted under the
Sales OnLine Direct, Inc. 2001 Non-Qualified Stock Option Plan. The contents of
the Registrant's previously filed Form S-8 Registration Statement No. 333-55180,
333-63268, 333-68718, 333-81290, 333-104402, 333-108529, and 333-125194 as filed
with the SEC on February 7, 2001, June 19, 2001, August 30, 2001, January 24,
2002, April 9, 2003, September 5, 2003, and May 24, 2005 respectively, are
hereby incorporated by reference in this Registration Statement.

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 8.     Exhibits.

Number      Description
------      -----------

4.1*        Specimen Common Stock Certificate (Filed as Exhibit 4.1 to the
            Registrant's Registration Statement on Form SB-2 (Reg. No.
            333-48542))

5**         Legal Opinion of Bowditch & Dewey, LLP

23.1**      Consent of Bowditch & Dewey, LLP (contained in its opinion filed as
            Exhibit 5).

23.2**      Consent of Carlin, Charron & Rosen, LLP

24**        Power of Attorney

99.1**      Sales OnLine Direct, Inc. 2001 Non-Qualified Stock Option Plan, as
            amended

----------

*        Incorporated by reference. In accordance with Rule 411 promulgated
         pursuant to the Securities Act, reference is made to the documents
         noted which have been previously filed with the Commission, and are
         incorporated by reference herein.

**       Filed herewith.



                                   SIGNATURES

      Pursuant to the  requirements  of the  Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this Form S-8
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized, in the City of Worcester, Massachusetts, on June 30, 2006.

                                                PAID, INC.


                                                By:  /s/ Gregory Rotman
                                                     -------------------------
                                                     Gregory Rotman, President

                                POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS,  that each person whose signature  appears
below  constitutes and appoints  Gregory Rotman and Richard Rotman,  and each of
them  (with  full  power to each of them to act  alone),  his  true  and  lawful
attorneys-in-fact   and   agents,   with   full   power  of   substitution   and
resubstitution,  for  him  and in his  name,  place  and  stead,  in any and all
capacities, to sign any or all amendments (including post-effective  amendments)
to this Registration Statement,  and to file the same, with all exhibits thereto
and other  documents in connection  therewith,  with the Securities and Exchange
Commission,  granting unto said  attorneys-in-fact and agents, and each of them,
full  power  and  authority  to do and  perform  each and  every  act and  thing
requisite and  necessary to be done in and about the  premises,  as fully to all
intents and  purposes as he might or could do in person,  hereby  ratifying  and
confirming all that said  attorneys-in-fact and agents, or any of them, or their
substitutes, may lawfully do or cause to be done by virtue hereof.

      Pursuant to the  requirements  of the  Securities Act of 1933, as amended,
this Form S-8 Registration Statement has been signed by the following persons in
the capacities and on the dates indicated.

      Signature                          Title                         Date
      ---------                          -----                         ----


/s/ Gregory Rotman             Director, President and Chief       June 30, 2006
-----------------------        Executive Officer (Principal
Gregory Rotman                 Executive Officer)



/s/ Richard Rotman             Director, Chief Financial           June 30, 2006
-----------------------        Officer, Vice President and
Richard Rotman                 Treasurer (Principal Financial
                               Officer)


/s/ Andrew Pilaro
-----------------------
Andrew Pilaro                  Director                            June 30, 2006



                                  EXHIBIT INDEX

Exhibit
Number
------

4.1*              Specimen Common Stock Certificate (Filed as Exhibit 4.1 to the
                  Registrant's  Registration  Statement  on Form SB-2 (Reg.  No.
                  333-48542))

5**               Legal Opinion of Bowditch & Dewey, LLP

23.1**            Consent of  Bowditch & Dewey,  LLP  (contained  in its opinion
                  filed as Exhibit 5)

23.2**            Consent of Carlin, Charron & Rosen, LLP

24**              Power of Attorney

99.1**            Sales OnLine  Direct,  Inc.  2001  Non-Qualified  Stock Option
                  Plan, as amended

----------

*     Incorporated  by  reference.  In  accordance  with  Rule  411  promulgated
      pursuant to the Securities  Act,  reference is made to the documents noted
      which have been previously filed with the Commission, and are incorporated
      by reference herein.

**    Filed herewith.