** Shares of PaySauce PYS.NZ rise nearly 7% to NZ$0.2, on track for best day since June 24 if current gains hold

** The payroll software solution provider reports quarterly annual recurring revenue $(ARR)$ of NZ$8.7 mln ($5.29 mln), up 6% y-o-y

** More than 48,900 shares change hands, 1.2x the 30-day average of about 42,300

** Stock down 2.4% YTD, including current session move

($1 = 1.6442 New Zealand dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))